Minimum wage helpful or disastrous for Americans Did you know that millions of minimum wage workers cannot make enough money to be over or at the poverty line level and are actually a lot more below it instead? There have been many issues on the topic of increasing the minimum wage from ten to fifteen dollars because it can cause inexperienced workers having a tough time getting or looking for jobs, families not being able to live on the minimum wage the way it stands now, and businesses not being able to create more jobs to hire more workers. For instance, an author named David Neumark believes that the effects of the minimum wage have a major issue that increasing minimum wage can reduce the numbers of jobs and pretty much screw over workers
The nation's financial aid system currently fails to provide an equal opportunity to everyone qualified. with high amounts of student loan debts has been shown to reduce a person's chances of owning a home, getting married, having children, and accumulating wealth. The earnings for a full time minimum wage worker is $15,080 at the federal minimum wage of $7.25. Full-time work means working 2,080 hours each year, which is 40 hours each week. A better educated population could result in smarter decision making at every level of society, which could lead to
For example, many families take their whole life savings out of the bank in an effort to pay for their children’s college. Doing so causes an immense amount of financial stress. Nevertheless, for some families this is still not enough. On the contrary, finding another job that will support them is often far more difficult for those who do not complete college. These levels of stress can take over a person’s life, causing them to lose their drive and focus, which affects their future further.
In the United States, jobs for unskilled workers are better paid than in Latin America; for instance, immigrants believe that they would help their relatives in the homeland. Moreover, their children would have the possibility to have a better education. Despite all their efforts, sometimes that is not possible. For this reason, families are weakened, and children have to drop school. It makes me angry because this situation is part of my life and my people.
Increasing the high school dropout age to 18 would improve students future lives, as well as the US economy. No one wants to do a job they don’t enjoy. Unfortunately, that’s exactly what most people deal with on a daily basis. According to www.medicaldaily.com, 70% of US employees hate their job. “A majority of workers are miserable,” it says.
Since all students wouldn 't be in school all at the same time, it eliminates the overcrowding problem. Finally, another drawback is that without summer break, there will be a financial toll. In a newspaper article titled “Year Round Schooling Explained”, it says, “Tourism and other industries that count on summer vacationers might suffer. High schoolers might be less able to get summer jobs.” This could end up causing a big financial problem for a lot of people. To conclude, the benefits and drawbacks of year-round schooling are about equal.
Improving certain aspects of community colleges will ensure the graduation of more students. The cost of community colleges needs to be lowered in order for more students to reach their full potential. Expensive tuition is the one of the top contributors to students giving up on college. Whether it be because of an unfortunate situation or other responsibilities, a large majority of these young adults do not have enough money to reach graduation. When these students run out of money they come to a point where they have no other option.
The first example is, some Americans who attend college believe that since the price of going to college is so high, it “fails to provide students with good value for the money they and their families spend.” (Pew Research Center). If the student can learn to manage their time, they can get a job and attend college at the same time so that they are able to provide for their families. The second example is, most adults who graduated from college believe that they are “earning $20,000 more a year” which helps them be able to have stability in their financial situations. (Pew Research Center) With making that much more money than non-graduates, they are able to pay their bills, their student loans, provide for their families, and even have some extra. The third example is, some full-time workers with a college degree make “40 percent more” than the people who only have a high-school diploma.
The lives of people in some of the third world countries are completely different from the developed country in much more prosperous condition. Thus, when people in developed country heard about the people working for $0.30 to $0.50 per hour, they would think that it’s completely absurd the labor forces but those people did not realize that those amount of money is acceptable to those people in the third country and it can keep them out from the street. Also, many children in the third world country have no other option but to go to the sweatshops to work to support their family rather than on street begging the people for money. Otherwise, those children would be left on the streets with danger, crime and with no other means of earning a living to support their family. Sweatshops give them an opportunity to try and support themselves and this maybe the only hope that those hopeless children can have.
There the teachers are selected from the top ten percent of college graduates and then they should complete master degree in education (Cleveland, Hannah). Thus teachers are given the freedom to teach in the way that will help the students rather than just completing a list of material that they should cover through the year. The state should invest in the education and make it accessible for everyone to receive good education. One of the problems with the accessibility is that for a lot of parents the education of their children is unaffordable. In the US 47% of the parents consider that they don’t have the financial requirements to send their children to college (Allebrand, Cheryl).
Evelyn and Luis have a family of 3 children. Luis works for minimum wage as a mechanic Evelyn works as a nurse. The money they make goes for cable , the water bill and rent. They would like to have a lot money but are unable to. President Obama wants to increase the amount of money people are paid from $ 7.25 to $ 10.10 .
These people along with other citizens say that undocumented immigrants are good for the country as they help the economy by working for a minimum wage in jobs that many refuse to do. According to the Pew Hispanic Center, undocumented take into account 5% of all workers in the United States. In fact, illegal immigrants help lower prices for people to buy more goods which make them suppose that they are an advantage for the country. Undoubtedly, companies that have undocumented workers can increase
It seems to me that most LAMC students support the minimum wage being raised. However, they are aware of the many downsides that come along with the increase. This leads me to believe that they want minimum wage workers to get better pay, their only hesitation is whether or not it would actually reduce employment or cause job loss. My conclusion is that the economy is not financially stable enough to increase the amount of every worker that gets paid minimum
Small Businesses could go out of business if we raised the minimum wage to a higher price. This is a widely debated subject of money, income, and the effect raising the minimum wage can have on businesses and the economy. Currently, the federal minimum wage is seven dollars and twenty-five cents and have been established that way since 2009. It has been said minimum wage should be increased to accommodate living expenses and travel time to places of work. The problem with raising minimum wage , that many people do not realize, is how it affects big and small businesses.
Raising the minimum wage would help expand the economy because it puts more money in the hands of the consumer, it can reduce poverty rates and gets rid of income inequality as well. One reason that raising minimum wage would help the economy is that it gives a change in income. Generally, an increase in income increases the demand for goods at all prices. If a worker has more money due to a raise