In this paper I am going to look at the effect globalization has on education whether it is positive or negative. The paper will look at how globalization has given educators the ability to expand their teaching and the learning experience. One of the sources is a follow-up on a conference at Harvard held by many faculty experts in various fields. The article should provide some good insight as to whether or not globalization has proven to be beneficial toward educators and the education they are providing. Globalization is a process in which economies, cultures, and societies have combined through a global network of trade and communication. While the term is more often used in economic settings, globalization has aided in the advancement of society as a whole. Globalization is not a new idea, and when used in its economic connotation, it refers to the removal of trade barriers amongst nations to improve and increase the flow of goods across the world. But in this article, we are going to look at the implications of globalization on education and the educators themselves.The way globalization has influenced trade barriers and communications among countries has in turn habituated the way educators educate. Corporations have targeted schools and colleges and have turned to them in order to help with expansion. Courses and programs were restructured in order to increase the marketing for programs such as MBAs and distance learning courses. A distance learning course is an online based course that has helped people who may already be working or those who need to stay at home achieve a degree. As a result the cost for students to attend universities has gone up as well, leading to a change in the way loans and grants are distributed and in what quantity. The perception people have on the current economy is playing a major impact in globalization effect on education. Regardless of the higher costs, students are still finding it necessary to stay in school and get as much accreditation as they can before entering the job market. It’s projected that in the next few years enrollment numbers will continue to rise significantly due to the belief that not having a degree in today’s economy is detrimental to success.The restricted courses are allowing students to prepare for particular jobs as opposed to giving them a general education on a subject. This is described as being a “managerial-based” teaching strategy where students are not only taught the concepts needed for their degree, but in leadership as well. This is something to hardly be opposed too, but the increase in direct costs for students is cause for concern among some people. Some people are looking at this relationship between globalization and education and defining it as a technique the government is using to unitize education across the world. Some people feel the government is doing so because of pressure from “greater powers” to increase the educational well-being of students without receiving any opposition to the changes. The increasing understanding is that globalization is being reflected in an educational agenda that allows for various, and countless, improvements upon the education system that allows the educators themselves to expand on their teaching, and present students with real world situations that require them to “think outside the box”, or outside the realm of their particular field, if you will.In conclusion, globalization seems to be, overall, a pretty beneficial movement in terms of education, although there are still several obstacles in its way. Harvard economist David Bloom has said that the world’s economies have thrived in globalization, as they all share a deep commitment to the education of young people. But he goes on to say that while these nations have gone on to use globalization to increase their educational prosperity, globalization has further distributed more “wealth to the wealthy” and fewer benefits to the poor. It was suggested at the same Harvard conference that education for pre-college students be more informing as well, and those students should know before going in that, for example, “the state of India’s economy, could very well affect their ability to receive and maintain a job once graduated”. The whole idea is very intriguing, and should continue to be monitored closely as globalization’s impact on education will likely be major, just as it has been for many other aspects of society.
What are pay day loans?Pay day loans are a special type of loans that are offered by special financial institutions to help people manage their emergency cash requirements. Most of the time individuals require cash on an urgent basis but do not have savings or cash available at that certain time to provide for their needs. In these situations these individuals can borrow a pay day loan from the financial institutions offering these loans so that they can manage their needs in an independent and confidential manner. The procedures involved with the application and processing of these loans are very simple and offer maximum comfort to the loan applicants.Some other terms used for pay day loansThere are many other terms used for the pay day loans by the financial institutions and market, some of which include:Check advance loan
Cash advance loan
Post-dated check loan
Deferred-deposit check loan etc.
Quick Cash loans
PrepaymentThe financial institutions that offer cash loans get the basic personal and professional information from their applicants with the help of their application forms. These application forms are designed to be time efficient so that they can be filled out in a minimum amount of time to help the applicants meet their urgent needs pertaining to availing cash. Some of the fields included in the application forms of the pay day loans include:The proof of the applicant’s employment
Information regarding the applicant’s income level
Ability of the applicant to reimburse the loans extending company in time and other related aspectsSometimes even the traditional banks offer the pay day loans for the ease of their applicants as well.How to apply for the cash loans?There is more than one way in which cash advance loans can be applied for by the applicants, which include:By filling out the forms manually
By filling out the forms virtually through the bank or financial institute’s website
By using telephone assistance servicesPersonal loans offering institutions allow applicants to borrow loans by facilitating them to select any one of these applications modes when it comes to filling in a personal loan application. The websites of the leading and highly reputable financial institutions offering these loans provide fool proof security to the applicants by making use of the latest applications, security measures and software to minimize the chances of personal information theft.What to remember when applying for the personal loans?There are certain things that should be kept in mind when applying for personal loans or cash advance loans from any financial institution or bank. Some of these factors include:Reading through the terms and conditions and even the mouse print on the provided documents; whether these documents are offered as hardcopies or as virtual documents.
Getting up to date information related to the state laws regarding cash loans and finding out information related to the limitations imposed by the state on the rate of interest that can be offered by the loans offering institutions or banks.
Making sure that the cash advance loans offering institution that one has selected does not penalize borrowers for paying the reimbursements earlier than the agreed time.
Asking the agents or the representatives about any clarification about the jargon used in different modes of communication.
Applying for a loan amount that can be reimbursed easily without defaulting or upsetting the monthly budgets to avoid the debt trap or any other problems.
Selecting the cash loans offering institution based on its previous track record and reputation in the market rather than the rate of interest they offer.
Business folks often refer to the term ‘key to success’ as part of their business plans. Certainly the key to success when you buy a franchise is to finance it on time, and properly; we tell clients you don’t get a lot of chances to make mistakes when you are working with franchise finance lenders!The concept of financing your franchise is a broad one… it might be one single loan or a couple different finance strategies to get you to the goal line, which is of course acquiring and owning your own business under a franchise umbrella… in effect the Canadian dream.Try and try again generally doesn’t work in franchise finance – you more or less, in our opinion, get one chance to do it right. That therefore involves getting all your ‘ ducks’ lined up properly and working with an experienced Canadian business financing franchise advisor, or if you prefer, yourself and the lender directly.As we said, making mistakes in business finance is not where you want to be – so plan, do it right, and do it once. Let’s examine some of those underpinning you need to be successful and avoid those errors.In general some of those cornerstones are decent personal credit history (more about that in a minute – as we can hear our clients already ” what’s decent?!), a down payment that makes sense. and a financial plan that demonstrates your ambition to be successful.This latter point is usually covered off in a business plan. We can’t ever imagine buying a business without a plan, and humbly submit that if you don’t have a plan you are primed to fail – and that’s not a good thing when you have your own funds at stake.Can you buy a franchise in Canada, and finance it without a good personal credit history. We tell clients the sad truth is that it is difficult, if not impossible, to do that successfully. That’s because franchise finance lenders view your business as both a start up and a small business, and they relate those two terms directly to how you manage your own personal finances as the owner. To put is very simply, the lender is saying ‘ if this man or woman isn’t paying Visa then why should I think they are going to pay us….’ In Canada the credit bureau system is based on a score to 800 and you need a certain specific number to qualify for franchise financing. Speak to a trusted, credible and experienced business financing advisor as to how you can manage and work through that process.You probably have spent a large part of your life dreaming about crafting a great business plan, opening balance sheets, 3 years of projected cash flows… loan amortizations, etc. Uh… we’re being a bit sarcastic of course!! But the reality is you need a solid business plan to demonstrate how you will be successful. It’s a great document for benchmarking down the road even how you are doing against your plan.In Canada the majority of franchises are financed and subsidized so to speak by a special federal program called the BIL program. Don’t make a mistake in not understanding what the qualifications are, and work with an expert if you don’t feel you are comfortable in navigating the finance maze.So, is financing the key to Success when you buy a franchise in Canada. We’ll let you be the judge… but if you are on the side of our opinions plan, and work with an expert, do it right, and avoid mistakes that will jeopardize closing the transaction,.