It is different than just looking at the micro level because the reasons for the dropout rate do not just apply to one person or family, but a larger audience. One reason for the high college dropout rate could be high schools are not preparing students properly. At the high school level, students are not treated the same as they are in college. The course work can be easier, teachers do not give their students as much freedom, and there are much longer hours in class. All of these aspects sound good for the high school level, however, they can be the polar opposites of how students are treated in college.
“Every year, 1.2 million students’ drop out of high school in the United States. “That’s a student that drops out of school every 26 seconds which is about 7000 students a day!” (Miller) On average, most high school drop outs are incapable of keeping a steady and stable job. As a result, dropouts make minimum wage salaries and receive a low overall income. Over half the population, fall under the low-income umbrella living paycheck to paycheck. Studies have examined how the socioeconomic status is associated with factors that impact the education of the youth.
College dropout rates are simply astonishing, with freshman dropout rates taking the lead. In the last few years, these rates have skyrocketed among all age groups. Some suspect it all starts freshman year. I wanted to know why the freshman dropout numbers have skyrocketed in the last few years, so I decided to pursue the question, what should colleges do in order to resolve this enormous problem? This question should be researched and answered because obtaining a degree is extremely important when attempting to get a job.
The PESTLE analysis is ideal to gain a perspective on the working between the supplier, distributer, customer and competitor. Political Europe is a developed nation, which is undergoing financial upheaval at the moment. The economic dip that Europe faces is the cause for political duress as the nations try their best to deal with the situation of mass unemployment. The European Union is beginning to be divided, given the Greece crisis. As a result, every country that is a part of the EU is, in effect, fending for itself.
3 LITERATURE AND THEORETICAL BACKGROUND 3.1 Introduction Student retention is one of the most widely studied areas in HE (Tinto, 2006). Since the early 70’s theorists have pondered the causes of college drop-out rates. In this section I will review the main thread of student drop-out literature, focussing on the core literature addressing reasons for students to drop-out with a specific focus on the impact of financial support to students. The main purpose of this section is to provide understanding of key concepts and to provide a theoretical basis for addressing the research questions. The section is set out as follows: The first movement will briefly highlight and provide context on key issues when analysing drop-out rates.
It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macro environmental factors that the company has to take into consideration. Political factors: how and to what degree a government intervenes in the economy. Specifically, political factors include areas such as tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability. The political factors in the United Kingdom have a great influence on the performance of Sainsbury. Currently in UK, the government debts and the consumer debts are very high.
Political Opportunity Structure Political opportunity structure majorly explains linkage between political environment and social movement. Meanwhile, POS admits influences of resources and grievance. The major argument of POS is political structure decides social movements' fates. McAdam concluded four major dimensions of POS theory: openness of institutional structure, division and alliance from elite groups and state power for repression. (1996, p27) For each stage, author will briefly evaluate the POS separately.
PEST analysis is a strategic tool to learn about the organization’s working environment and the factors that could affect it. A PEST analysis including legal and environmental parameter is called a PESTEL analysis. Political Political factors can influence an organization’s activities in many ways. It can either be advantageous for the company or there can be levies and duties on the company. Government’s intervention affects the working of the organization.
Governments utilize financing cost control, tax collection arrangement and government consumption as their primary components they use for this. Social Factors Also known as socio-cultural factors , are the territories that include the mutual conviction and states of mind of the populace. These components incorporate – populace development, age conveyance, wellbeing cognizance, profession states of mind et cetera. These variables are specifically noteworthy as they directly affect how advertisers comprehend clients and what drives them. Technological Factors We all know how fast the technological landscape changes and how this effects the way we showcase our items.
The checklist of issues of political factors include: tax policies, trade regulations, political stability, social and environmental policy, government and local government policies (Harrison, 2010). 2. Economic factor Economic factor examines the outside economic issues that can play a role in a company’s success. Economic factor has a significant influence on how company does business and how profitable they are. Items to consider include interest rate, exchange rate, economic growth, inflation, monetary policy, unemployment, income distribution, infrastructure costs and availability, consumer expenditure, foreign direct investment (Jeff, 2008).