taas na nang halaga nang edukasyon ngayon!!!

[uls]

we need more people who think like u sir zman.

Unfortunately many people dont.

I always wondered why poor people keep on having children even if they cant afford it while people with higher education and income have less children.

Yun pala it all comes down to what they think of children.

Poor, uneducated people think of children as manpower. Or livestock. Its the only wealth they have. The more children they have, the wealthier they are.

Those parents have resigned to the fact that they cant get out of poverty so aasa nalang sila sa mga anak. Baka swertehin ang isa o dalawa sa walong anak.

And coz of high infant mortality and childhood diseases in poor communities, they tend to have lots of children para at least meron ilan ang umabot ng adulthood.

Having children guarantee that there will be someone to take care of them (the parents) when they get sick or get old. Mahirap daw ung walang mag aalaga. (di nila iniisip paano nila aalagaan ung mga mag aalaga sa kanila)

The poor think children have an obligation to them coz they gave them life. Utang na loob...

If i was the kid i would answer "you didnt give me a f*#king choice! I didnt ask to be born! If u didnt bring me into this world, i wouldnt be eating scrap from garbage!"

Before having children, educated people think of everything... from hospital expenses, diapers and baby formula, to 15 or so years of education...

And educated people think of children as individuals. Individuals with personal goals and dreams. Educated parents give their children all the opportunities they can so their children will realize their full potential. Then the parents retire.

[oldblue]

<double post>

[oldblue]

and I always thought the poor are multiplying bec. they dont have cable TV * home,

[uls]

and I always thought the poor are multiplying bec. they dont have cable TV * home,

hehe

the poor dont really have any source of happiness other than their children. thats why they have lots of them. Yan lang ang kaligayahan nila e.

They dont have demanding careers in the corporate world. They dont travel all the time. They really dont do anything that having children would hinder. So they dont think twice about having kids.

In the developed world, career-oriented people think children are a hindrance to personal goals. To them, children are optional in a marriage. Thats why there are married couples who are called DINK (Dual Income No Kids).

Married no kids? It's unthinkable here.

[Flagg]

...The poor think children have an obligation to them coz they gave them life. Utang na loob...

If i was the kid i would answer "you didnt give me a f*#king choice! I didnt ask to be born! If u didnt bring me into this world, i wouldnt be eating scrap from garbage!"

Before having children, educated people think of everything... from hospital expenses, diapers and baby formula, to 15 or so years of education...

And educated people think of children as individuals. Individuals with personal goals and dreams. Educated parents give their children all the opportunities they can so their children will realize their full potential. Then the parents retire.

You got that right sir uls. Although, of course, there are those poor who do not blatantly obligate their children... the expectation is still there. How many employees have I had ask me for an advance to send to their still-working parents to fix their leaking roof... when I ask them shouldn't you be saving for your own? Tahimik lang sila...

[GasJunkie]

Uneducated = F_cking around.
Educated = Making love.

Being horny requires no brain cells it seems.

[boydapa]

mahal na nga magpaaral...

yun ngang pinapag aral kong tsik ang hirap sustentohan nagrereklamo na... kulang daw pinapabaaon ko sa kanya....

joke

[uls]

mahal na nga magpaaral...

yun ngang pinapag aral kong tsik ang hirap sustentohan nagrereklamo na... kulang daw pinapabaaon ko sa kanya....

joke

humihingi ba sayo ng ipod? kasi mga classmates nya puro may ipod daw?

[CVT]

Agree. Sa school ng aming anak,- during the last week of vacation na lang nagkaroon ng section assignments sila dahil kaunti na lang ang nag-enrol... Sad state of affairs

[BlueBimmer]

karamihan load ang hinihingi hehehe

[uls]

hahaha oo... load... tama ka jan

[skyglider]

our education system is in a very bad state right now...

first and foremost, mas malaki pa yata budget na military kaysa education.

mas inuuna pa ng mga representa-thieves at sena-tongs natin ang kanilang PDF (Priority Development Fund) or "PORK-BARREL". sana sa education nila gamitin para naman madagdagan ang ating mga school buildings.

going back to high cost of education, iniisip ko rin nga yan, 1 pa lang ang baby ko sa ngayon kaya my wife and i is already planning for his future.

syempre, all of us wants to give the best for our children. we want to send them to best school e.g. ADMU, DLSU, UP, MIT, Stanford, Harvard.

pero kundi natin kaya na paaralin sila sa exclusive schools eh tayo na mismo siguro mag exert ng effort to teach them. let's have them engaged in extra curricular activities like sport activities such as gymnastics, karate classes. kung afford naman eh enroll natin sa music classes o pakuhanin natin ng voice lessons. it does help na ma-develop yung self confidence, leadership and other qualities ng isang bata.

[truckman]

kami naman biktima ng Pacific Plans ang masakit pa ginawa pang ambassador ni GMA si Yuchengco... kaya kanda kuba ako mag trabaho para mabayaran lang ang tuition ng mga anak ko.

[GasJunkie]

So does that mean educational plans are pretty much useless? Shouldn't the sec do something about this?

[skyglider]

So does that mean educational plans are pretty much useless? Shouldn't the sec do something about this?

They (SEC) should do something about it.

[GasJunkie]

I should warn some of our family friends then, lots of these plans are going around here in vancouver.

[driven]

a well-known american educator once said...
"If you think education is expensive, try ignorance..."
hehe, sakit naman pakinggan...

seems like wala na ibang option... in reality, tuition fees has been increasing at an average of 12% to 15% annually for the past 8 to 10 years, if the current tuition is let's say 80,000 pesos annually, your kid at zero age will cost you approx 748,600 pesos annually when he/she enters college...

so you should keep in mind how much the tuition fee will cost based on future value before you buy an education plan...

[Autobeat]

in reality, tuition fees has been increasing at an average of 12% to 15% annually for the past 8 to 10 years, if the current tuition is let's say 80,000 pesos annually, your kid at zero age will cost you approx 748,600 pesos annually when he/she enters college...

Yup, I was shared a similar tuition fee forecast for newborns now. Based on that forecast, 15 years later, yearly tuition fee (highschool), would be around 550-650k for typical MM non-public highschools. Its like buying a City, Jazz, or Vios every year.

[uls]

How can educational plan funds grow as fast as tuition fee increases?

I'm no financial expert but is there any legal, liquid investment out there that grows faster than tuition fees year after year in order for the fund to meet its obligations, cover operating cost, and make some profit?

The educational plan companies have obligations to pay the tuition fees regardless how high... the earnings of the funds simply cannot keep up with tuition fee increases. Kaya time will come when it will run out of money. Thats what happened to those educational plan companies.

[driven]

How can educational plan funds grow as fast as tuition fee increases?

The educational plan companies have obligations to pay the tuition fees regardless how high... the earnings of the funds simply cannot keep up with tuition fee increases. Kaya time will come when it will run out of money. Thats what happened to those educational plan companies.

first thing we have to understand here is this...

traditional education plans are open ended plans, which means, owners doesn't have any knowledge on how much he will get when his plan matures.

I'll try to explain further, before a plan is sold to the owner, he is given choice of choosing which school he want his kid to attend, these schools are grouped into few or several categories, in which the corresponding premium will depend on the category chosen, of course there are categories wherein school with high tuition fees belongs to and not to mention the premiums are much more expensive.

when the time comes, education plan provider shall pay the tuition fee irregardless of how much the amount increases.
So what's the problem with this? during the past 10 years, tuition fees increased dramatically beyond the forecast of the actuarians of these education plan providers, causing them to bear the unregulated increase, thereby their trust funds fall short and these companies went into financial turmoil... kaya swerte mga nauna, at malas yung nahuli...
kaya from that incident on, the SEC banned the selling of traditional education plan.

so what's the alternative? actually we have what we call the fixed value plan. these plan already pre-existed, because during the time it was introduced, since they are not as attractive as the traditional plan, di siya naging mabenta...

with regards to fixed value plan... normally the owner decide how much he will get upon maturity (a financial planner can help in guiding kung how much yung forcasted tuition fee). after deciding, the owner buys it, then kung magkano ang guaranteed na makukuha niya, yun pa rin ang makukuha niya irregardless whether tuition increased more than he forcasted or not. but at least, when the time comes, part of the tuition fee would have been taken care of na...

if you have a good financial planner, from time to time, usually every year, he can keep you updated as to whether your plan is sufficient or not... unless you have plenty of reserves, you can buy a plan that is much more than you required, wala ka siguro magiging problema when time comes, hirap lang kasi kung budget conscious yung owner...