taas na nang halaga nang edukasyon ngayon!!!

[Alpha_One]

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.

Tumpak.

I'm not on a pre-need plan. When the pre-need fiasco started I asked my dad why I don't have CAP; he explained exactly that to me. In summary he said "Hindi ko makita kung paano uubra ang business model nila" (then he went into how insurance works, etc.). To be fair, kaya naman ng magulang ko na pag-aralin ako ngayon, but ten years ago, di kami ganun ka-may kaya.

[Linkk]

been a victim of unscupolous pre need plans na yan, sayang yung perang nawala, kumuha na lang kami ni misis ng lupa sa isang subdivision yun na lang gagamitin ng mga bata when they reach highschool o college...hirap ng sitwasyon ngayon, kawawa naman ang bata pag pinagaral mo sa public school lalo na sa manila (di naman lahat), daming napupulot na di kanaisnais.

[GasJunkie]

using other peoples money for the win.




schwing

[GlennSter]

teka lang clavel...sinasabi mo lagi na maralitang manggagawa ka...hindi naman ah!hehehe

dami mo tsikot ah..herhehr

[cardo]

teka lang clavel...sinasabi mo lagi na maralitang manggagawa ka...hindi naman ah!hehehe

dami mo tsikot ah..herhehr

haha! nice glenn...

haayyy you know, there's no use trying to pin down the blame on your situation in life or in something like the gov't or someone. sometimes, its no use trying to catch the ceo of the failed edu plan... spending all the money on legal fees, where you could have just spent it on other investments. its no use complaining you are poor, or on the poor management done by the govt on our education system... I think we all know what we mean when we say "we/you act like a child" because when a child spills his/her milk she just sits there an cries, waiting for someone to clean it up and give her a new bottle. as adults we'd know what to do. we'd know how to prevent that spillage. we'd have initiative.

We all know the risks of education in country so why not do something about it ahead of time?

Its like a pedestrian taking his time walking across EDSA with alot of car volume. Even though he is on the pedestrian lane with a "walk sign" on, he takes his time like he is on the catwalk. He knows the risk of having an accident might be high but he knows if an accident happens he can put the blame on the driver since he is on the pedestrian lane and the law backs him up(cars give way to pedestrians). but why wait for a drunk driver beating a red light? why wait for the accident to happen when you can mitigate them ahead of time? walk fast, stop and look on both lanes, be alert. do something! if he got hit, he might get his legs amputated or he might die. what will happen to his family? the driver might not have insurance to cover the medical cost of the victim. the law can put him in jail but he might not be in there for long. so the impact is great, but it could have been mitigated.

same thing on education. we all know the risks, so try to put plans in place. set-up a business/investment as additional income, do a research on edu plans/schools or something, get a second job, get promoted para kakayanin yun matrikula, mag apply ng ibang trabaho, migrate to another country with better educational oppotunities, maging ofw, do something!!! its your child were talking about here pero, syempre depende pa rin sa priorities at personal values ng tao and the risks he is willing to take...

ganito na lang... habang bata, itrain mo na lang magbasketball para pag laki nya may scholarship sya bilang isang player ng college sa NCAA. tapos draft sya sa NBA. tapos may kontrata na. ayan milyonaryo na hehehe. but thats the easy way out hehehe it would be a long shot.

[skyglider]

haha! nice glenn...

haayyy you know, there's no use trying to pin down the blame on your situation in life or in something like the gov't or someone. sometimes, its no use trying to catch the ceo of the failed edu plan... spending all the money on legal fees, where you could have just spent it on other investments. its no use complaining you are poor, or on the poor management done by the govt on our education system... I think we all know what we mean when we say "we/you act like a child" because when a child spills his/her milk she just sits there an cries, waiting for someone to clean it up and give her a new bottle. as adults we'd know what to do. we'd know how to prevent that spillage. we'd have initiative.

We all know the risks of education in country so why not do something about it ahead of time?

Its like a pedestrian taking his time walking across EDSA with alot of car volume. Even though he is on the pedestrian lane with a "walk sign" on, he takes his time like he is on the catwalk. He knows the risk of having an accident might be high but he knows if an accident happens he can put the blame on the driver since he is on the pedestrian lane and the law backs him up(cars give way to pedestrians). but why wait for a drunk driver beating a red light? why wait for the accident to happen when you can mitigate them ahead of time? walk fast, stop and look on both lanes, be alert. do something! if he got hit, he might get his legs amputated or he might die. what will happen to his family? the driver might not have insurance to cover the medical cost of the victim. the law can put him in jail but he might not be in there for long. so the impact is great, but it could have been mitigated.

same thing on education. we all know the risks, so try to put plans in place. set-up a business/investment as additional income, do a research on edu plans/schools or something, get a second job, get promoted para kakayanin yun matrikula, mag apply ng ibang trabaho, migrate to another country with better educational oppotunities, maging ofw, do something!!! its your child were talking about here pero, syempre depende pa rin sa priorities at personal values ng tao and the risks he is willing to take...

ganito na lang... habang bata, itrain mo na lang magbasketball para pag laki nya may scholarship sya bilang isang player ng college sa NCAA. tapos draft sya sa NBA. tapos may kontrata na. ayan milyonaryo na hehehe. but thats the easy way out hehehe it would be a long shot.

AGREE!!!

Pero sana mahiya naman ang mga corrupt na taga-gobyerno at mga taga-educational plan na yan. Di nila madadala sa langit ang pera nila. Worse, kung di sila mapunta sa langit. Dun sila sa ibaba.

[cardo]

AGREE!!!

Pero sana mahiya naman ang mga corrupt na taga-gobyerno at mga taga-educational plan na yan. Di nila madadala sa langit ang pera nila. Worse, kung di sila mapunta sa langit. Dun sila sa ibaba.

naku asa ka pa na mahiya sila hehehe historical data says it all... it has not happend hehehe. its like cancer pa nga, an bilis kumalat. yun marcos wealth hindi nila marecover, yun kay erap hindi maprocess. haaayyyy!!! baka may cut na yun gov't sa kayamanan nila hehehe. maybe of this is just politcal crap of showing the hearing of erap or what hehehe mahirap talaga pag wala na credibility.

[CLAVEL3699]

teka lang clavel...sinasabi mo lagi na maralitang manggagawa ka...hindi naman ah!hehehe

dami mo tsikot ah..herhehr

oo isa ako sa maralitang manggagawa dahil ako ay nagtratrabaho para kumita nang pera, para mabuhay ang aking pamilya at mabili namin kung ano ang gusto namin bilhin.

Pasalamat lang ako nabigyan ako nang magandang pagkakataon at dahil din sa akin pagsisikap at lakas nang loob na sumubok sa mga bagay na alam ko hindi ko madali magagawa kaya ko narating ang aking estado ngayon.

Pero kung ang aking edukasyon lang ang aking hahawakan at sasandalan walang mangyayari sa aking buhay.

Iba kasi ang gusto nang mga corporation at mga opinsina ngayon kailangan kaw ay tapos sa isang exclusive na paaralan.

Araw araw kausap at kahalubilo ko ang aming mga manggagawa lahat sa kanila at puro lakas nang loob at paghihigpit nang sinturon para mabuhay, minsan naiisip ko paano nila napapagkasya ang kanilang mga sweldo sa taas nang bilihin ngayon.

Ako may isang anak at mukhang wala na ako balak pa dagdagan kasi lagi ko nakikita at nararanasan ang hirap nang buhay sa ganitong paraan mabibigay ko ang pinakamagandang edukasyon at maaliwalas na pamumuhay sa aking anak.

Nakita at nababasa natin ang mga estudyante sa pampubliko na paaralan ako'y naaawa sa kanilang kalagayan pero ang ating gobyerno ay pikit mata sa mga nangyayari dahil hindi daw eto ang totoong nangyayari eto'y isang political harrasment lang daw.

Lahat nang tao ay gusto umasenso sa buhay at makamtan ang ginhawa pero hindi lahat ay nabibigyan nang pagkakataon lalo na pat kung hindi ka sapat sa edukasyon.

[uls]

Lahat nang tao ay gusto umasenso sa buhay at makamtan ang ginhawa pero hindi lahat ay nabibigyan nang pagkakataon lalo na pat kung hindi ka sapat sa edukasyon.

Right now as i'm typing this, there are around 6.5 billion people trying to make it in this world. http://www.census.gov/main/www/popclock.html

Lahat ng 6.5 bilyon na tao na yan nangangailangan ng pagkain, bahay, damit, gamot, cellphone, ipod, laptop, DSL connection...

Lahat ng 6.5 bilyon na tao na yan gusto umasenso at guminhawa ang buhay.

Para umasenso at guminhawa ang buhay, kelangan magkaroon ng edukasyon. at hindi lang basta reading-writing-counting... kelangan may quality at mataas na level na edukasyon.

No wonder mahal ang tuition. Malakas kasi ang demand sa edukasyon.

[cardo]

oo isa ako sa maralitang manggagawa dahil ako ay nagtratrabaho para kumita nang pera, para mabuhay ang aking pamilya at mabili namin kung ano ang gusto namin bilhin.

Pasalamat lang ako nabigyan ako nang magandang pagkakataon at dahil din sa akin pagsisikap at lakas nang loob na sumubok sa mga bagay na alam ko hindi ko madali magagawa kaya ko narating ang aking estado ngayon.

Pero kung ang aking edukasyon lang ang aking hahawakan at sasandalan walang mangyayari sa aking buhay.

Iba kasi ang gusto nang mga corporation at mga opinsina ngayon kailangan kaw ay tapos sa isang exclusive na paaralan.

Araw araw kausap at kahalubilo ko ang aming mga manggagawa lahat sa kanila at puro lakas nang loob at paghihigpit nang sinturon para mabuhay, minsan naiisip ko paano nila napapagkasya ang kanilang mga sweldo sa taas nang bilihin ngayon.

Ako may isang anak at mukhang wala na ako balak pa dagdagan kasi lagi ko nakikita at nararanasan ang hirap nang buhay sa ganitong paraan mabibigay ko ang pinakamagandang edukasyon at maaliwalas na pamumuhay sa aking anak.

Nakita at nababasa natin ang mga estudyante sa pampubliko na paaralan ako'y naaawa sa kanilang kalagayan pero ang ating gobyerno ay pikit mata sa mga nangyayari dahil hindi daw eto ang totoong nangyayari eto'y isang political harrasment lang daw.

Lahat nang tao ay gusto umasenso sa buhay at makamtan ang ginhawa pero hindi lahat ay nabibigyan nang pagkakataon lalo na pat kung hindi ka sapat sa edukasyon.

I guess you really can't teach an old dog new tricks hehe

I'm not sure what your purpose for starting this thread, I would guess you need some advice but ... like I said...

there's no use trying to pin down the blame on your situation in life or in something like the gov't or someone. sometimes, its no use trying to catch the ceo of the failed edu plan... spending all the money on legal fees, where you could have just spent it on other investments. its no use complaining you are poor, or on the poor management done by the govt on our education system... I think we all know what we mean when we say "we/you act like a child" because when a child spills his/her milk she just sits there an cries, waiting for someone to clean it up and give her a new bottle. as adults we'd know what to do. we'd know how to prevent that spillage. we'd have
initiative.

same thing on education. we all know the risks, so try to put plans in place. have some initiative! set-up a business/investment as additional income, do a research on edu plans/schools or something, get a second job, get promoted para kakayanin yun matrikula, mag apply ng ibang trabaho, migrate to another country with better educational oppotunities, maging ofw, do something!!! its your child were talking about here pero, syempre depende pa rin sa priorities at personal values ng tao and the risks he is willing to take...

... if a person is resourceful enough, its not about "I can't do it because I dont have the financial resources", instead it would more of "Lets do it and lets find a way to get the financial resources" di ba?

I mean for example, people want to have their own business... but some say "I dont have the money to start up the business"... however, smart people will think about the business and find a way to support that business... resources like thru partnerships, loans, stock options, market studies etc. They would be smart enough to use other people's money - invite investors into the business kung baga. Another example, a person wants to be a manager someday and earn 6 digit salaries... but again they are more pessimistic and would not realise it because he believes "I'm not a leader, I was not born a leader" "gusto yun maganda ang school, ako sa tabi tabi lang nag aral" but instead should he should have initiative to upskill himslef beyond his job(and salary) like take up an MBA or something , read books, take up managerial projects and experience etc. He is lazy to do his homework, but you need to do the homework inorder that people will pay you more because you posses a unique skill that others do not have. I think some people just have too many excuses that hinders them from getting a goal like a good education for your children. true, its an advantage and success is more probable for the financially fit families with strong educational background, but that should not hinder the ordinary person right? but how could you learn and adapt if you do not try? you will not own the business of your dreams or the six digit salary if you are afraid to fail or act so narrowly.

I mean, some families are rich now because their forefathers who built the business tried and failed in the past. but they learned from their mistakes and rebuilt the lost forture back. Professional athletes are rich today but they had to undergo tremendous amount of training and failures during their childhood right? tiger woods was learning and failing to play golf since he was a child, but that learning process enabled him to master his business which is the skill of golf. same thing with basketball players, they werent instant millioanaires like most of us dream of.

I know sometimes it would be great to win the lotto(I dream of that too), but thats the easy way out. if you win the lotto, and if you loose the millions would you know how to get it back? a typical person would put the finger/blame on something. for a typical person just managing that amount would be difficult, unless you have somesort of financial management background. most likely he would be more succeptible to spending than investing.

if he would loose those millions how would he be able to regain it back? he would have to try again and spend all his money on a ticket with such a low probability of winning twice! but a person who built his fortune from the ground could answer that instantly because he knew how he became a rich. he has the educational background, financial skills, marketing skills, the network, and the knowledge how to build a business again, or how to get a high paying job. if you ask a ceo if his company goes bankrupt and how long it would take him to get it all back, he would have an idea(more or less) how to and when it may take years to rebuild but he knows how to reach it. so there is an advantage to knowing how to becomre rich rather than marrying a rich guy/gal or betting on the lotto.

Lahat nang tao ay gusto umasenso sa buhay at makamtan ang ginhawa pero hindi lahat ay nabibigyan nang pagkakataon lalo na pat kung hindi ka sapat sa edukasyon.

well, make that opportunity happen for you! you own your destiny. the last thing you want to do is let someone or something do it for you... its like juan, waiting for the fuit to fall off from the tree. leaving it to chance. haayyy... mahirap yan, by the time you are 40 you would still be doing the same thing. yun mga kasama mo sa trabaho promoted na, or getting paid at another multi national company... or asa ibang bansa na. enjoying retirement or something

[knight23]

lossed two pre-need plans of mine CAP and Pacific, was never able to use them...

my parents were able to save money when I was in highschool, scholar ako sa science high. saved a couple of hundred thousands and kept me out of trouble.

[redorange]

Wakin, I pay about 60k for my 8 yr old daughter to attend San Beda-Alabang. But, it's still cheaper than trying to send her to a private school here and I don't have to worry about school shootings like I would if she attended public school here.

[zman]

8yrs ago, i have recieved a number of offers on education plans. All of them, the non-inflation free type.
I think that it would be better, if one were to emulate an education plan by opening a time deposit, and like an educ plan, make monthly deposits for the same number of years, then let it sit there till it is needed.
My in-laws were lucky to have been able to aquire inflation free plans for their children and make full use of them. That's why they were insistent thet we consider subscribing for one. We presented our case, and after doing their own calculations, they agreed with our findings that it would be no better than depositing a fixed amount into a time deposite account for a number of years till it is called for. Of course, it would take a lot of discipline to do such a feat.

[niky]

Another problem of the pre-need plans was bad investments. They went on a spending spree with all that cash before the peso bottomed out, and were left with a lot of assets that were frankly, over-priced and quite useless.

Mahirap talaga ang education. The schools are feeling the pinch of the economy, too. They can't really lower tuition fees, because a huge chunk of tuition fee increases go to teacher's salaries, and those have to go up every year, too... thanks to this damn inflation.

And the governing bodies keep adding requirements that eat into our funds... take the Caregiver's Course. It's relatively simple and cheap. All you need to do is teach them communication skills, first aid and errh... caregiving. As soon as it became a popular course, instead of imposing quality controls and stricter standards to remove unscrupulous schools, the government mandated bigger facilities, more laboratories, more equipment, etcetera, etcetera, etcetera... hoping to push the entry-price for opening a Caregiver's program out of the reach of the get-rich quick types.

Of course, what they really did is just make the course more complicated and expensive. Oops.

I'm just waiting for them to come down on call-center agent training. Maybe they'll mandate the need for a call-center "simulator" (worth, oh, 30 million, but non-functional, because it's a simulator) in the near future.

[GlennSter]

yes ser..libre kahit ilang beses ka magpa ultrasound..mri etc kung kailangan.

[wakin]

peeps, can you share to us how much are you paying for your kids education?

I pay 22,000 pesos annually (including uniform and books) sa ADT Montesori (Pasig City)

[uls]

meron pala playschool program ang DOH sa mga barangay health center. the teachers are practicumers. guess what... P5.00 a day lang ang fee. hehe

[niky]

*cardo: Those athletic scholarships do count for a lot. My cousin started a business course at DLSU on the strength of his soccer scholarship, then dropped it in the higher years to concentrate on his studies.

As long as you don't let the sport own you, you can use it as a good tool to further your education.

*van wilder: You'd be surprised (regarding scholarships). Everytime our cute president hands out government scholarships, they're filled right away. Of course, kawawa kaming mga schools when the time comes for the government to pay, and the money isn't there... ginamit pala sa chacha!

It's not that people don't want the scholarships, or are "lazy"... The problem is the mismatch of scholarships and their stipulations with the clientele. If the scholarship is for UST or UP, what happens if the student can get there on their own merit? Those students are usually rich enough to go anyway, and if they're very good academically, they may have multiple scholarships already. (And if they're poor, they can get STFAP from UP)

Most scholarships are for the very best students, who, paradoxically, can get their own scholarships on academic merit. Pero paano yung mga average lang?

If your office has a nice scholarship, contact the schools you're willing to put the students in... they'll be able to fill it much sooner than your office can.

[cardo]

Yeah, I mean sports scholarships are great! I meant getting as far as the NBA would be along shot hehehe Ang mahirap lang kase with sports scholarships is that, its a single point of failure. If the student gets injured and he is unable to play anymore or if someone better comes along the way and replaces him on the team, then its out for him. or if you fail in one subject, wala na yun scholarship. kelangan pa rin ng financial resources or somesort of support. kawawa naman kung hindi na makapag aral yun bata. so there has to be somesort of backup. you need to scan the risks and develop plans for those. pero usually scholarships are for those who more or less have a unique skill. which is why parents should plan out the education of their child as early as possible. we know the risks of the educational system in our country, atleast we can plan ahead of time to minimize these risk from happening or atleast lessen the impact of these risks should they happen. important thing, we know what to if anything happens.

[swimstroke]

Malaking tulong talaga ang pagiging varsity. Free ang buong high school ko, pati college rin sana kaso hindi na kaya ng oras. Maswerte parin kasi yung educational plan ko matatag at hindi nagkaproblema, so since 6,500 lang max ang full load ko per sem, yung part ng extra sa educational plan sweldo ko na. Try niyo swimming, hindi masyadong mahirap makapasok, hindi rin ganun karami ang interesado. :D