the rise of college admission rates in our ultra competitive society pressuring more and more students to attend college each year, an increasing amount of students are facing college debt. With over 40 million students facing a total of almost 1.4 trillion dollars in loans, student debt creates many economic and social problems in the long run. Mitch Daniels, former governor of Indiana and president of Purdue University, stated that home ownership, marriage, child care and the establishment of…
In early 2008 we estimated how much the war was costing us, and it came up to around three trillion dollars. But as the war came to an end and combat stopped we estimated how much the war cost us and it was estimated to be more than three trillion dollars. When we entered the Iraq war it diverted us from the Afghan war which cut our spending down to 14.7 billion dollars for the Afghan war, which was supposed to be a…
people and a Gross Domestic Product (GDP) of roughly 3.5 trillion U.S. dollars. California, the American state, encompasses 423,970 sq km with a population of 38.8 million people and a GDP of roughly 2.5 trillion U.S. dollars (Worldatlas.com, n.d.). Both Germany and California are the top economies on their continents. Likewise, China the top producer in its continent encompasses 9.5 million sq km, with 1.4 billion people and a GDP of 10.8 trillion U.S. dollars. Across the Earth population…
with recipients living longer, even if you do nothing to SS & Medicare (a Trump promise), the cost will increase. Meanwhile, Trump plans to decrease revenues (i.e., massive tax cuts-mostly going to the top 5%) and spend more on the military and a 1 Trillion on infrastructure.…
title has been questioned over the past years and has led to much research. During the past century and a half, scientists around the world have worked to learn more about bristlemouths. The population is now thought to be within the hundreds of trillions and possibly more. In a result, bristlemouths have the highest numbers in comparison to any other known vertebrate. The vast number of bristlemouths was first noticed in 1872, when the H.M.S Challenger captured the fish in dozens of nets that…
Money. Everybody loves it. But what happens when you go to college and have to pay it back? Debt! Students have to pay all the money they borrow. Most of the time, students get old and end up dying before they get it all paid back. The use of student loans is a bad thing to do, but it’s just an extra for students, who don’t have the money or have parents that don’t want to pay for them; it, also, makes the U.S debt grow, and it causes students to pay the debt, basically for the rest of their…
Means-tested programs are fiscally unsustainable; these programs cost nearly one trillion annually. By the end of the decade, welfare spending will rise from five percent to six percent. This means every taxpaying family would have to make, and then give up over one hundred thousand dollars in the next ten years-just to cover the cost of welfare spending.…
and increased its cost constantly. According to Sung, et al. (2012), the annual cost of road congestion of South Korea recorded 27.9 trillion won in 2009, which is almost same with 190 trillion pounds in current exchange rate. The main portion of them goes to metropolitan cities, such as Seoul, Busan, Daegu, etc. It accounts for 17 trillion won, similar to 110 trillion pounds in current exchange rate. If we look into the graph below about the cost per person, it shows the increasing trend…
revenue is $2.3 trillion, and for expenditures it is $2.708 trillion. India’s revenue is $273.3 billion, and for expenditures is $273.3 billion (“China vs. India.” ). China is a world leader in gross value of Industrial output, machine building, transportation equipment, and chemicals. India’s industries are consisted of textiles, chemicals, software, and pharmaceuticals. The industrial production growth is 6% for China, and 7.4% for India. China is in debt externally for $1.421 trillion, and…
of many talents. From being a very talented entrepreneur, to truly caring about the people of the United States, there are many reasons why Donald Trump will make a great President. Given the cruel and disturbing threats the nation faces—ISIS, $18 trillion in debt, broken borders, widespread joblessness, violent crime—America, more than ever, needs a strong, decisive leader like Donald Trump. Why will Trump make a great president? Reason 1: Because he said so. He is a credible man that has…