Directions: For this part, you are allowed 30 minutes to write A Letter Applying for a Bank Loan. You should write at least 120 words following the outline given below in Chinese.
your basic information1
you reason for the loan, the amount and purpose
Education Pays, published every three years, presents detailed evidence of the private and public benefits of higher education. It also sheds light on the distribution of these benefits by examining both the increases and the persistent disparities in college participation and completion. In the three years between the publication of Education Pays 2007 and Education Pays 2010, median earnings for four-year college graduates increased more rapidly than those of high school graduates and the gap between the unemployment rates of the two groups grew. In addition to earnings comparisons, the report documents differences in lifestyles, health, and other outcomes for people with and without college education. Differences in enrollment and completion patterns across demographic groups highlight the reality that gaps in educational attainment are explained by a combination of money and other factors.
Pays corresponds to education levels, as is demonstrated by the chart above, “Education: A Weekly Investment”. The weekly earnings in 2010 increases with the sort of diploma the person holds. For instance, the college students with no degree get paid $712 per week whereas those with a Bachelor’s degree can earn 50% more than them.
Several reasons, in my opinion, can be identified to account for this phenomenon. To begin with, compared with those with comparatively lower education degree, people who have received higher education possess considerably wider knowledge, more remarkable learning and research ability, greater innovation and most of all, resourceful social network, all of which are essential to a high-income work. Also, the higher one’s education degree is the bigger platform he will have to show his ability. For example, his college, university, or research institute will organize various job fairs for them to communicate face to face with employers.
This phenomenon tells us that education is a worthy investment, therefore, substantial education investment should be strengthened while we, as college students, should study harder to build our country and strive for a better life for ourselves.
What is shown in the chart above is that those people with high degree earn more than those with lower. For example, staff with master’s degree receive a better payment than those with bachelor’s degree, according to a survey of the payment to the employee. These survey indicates that education degree does have a relationship with earnings, contrary to the recent theory of useless education.
Recently, there is a heated discussion about the significance of the education. Some people hold a view that higher education is useless since college education cannot mesh with the social needs. Some think that higher education is indispensable if you want to go far in both your studies and life. Now that survey has proved which part is wiser.
As for me, I definitely support the view that education is necessary for people’s life. Reading can not only make me survive well in this society with fierce competition but also help me make sense of life. I pursue for it for my whole life.
From the chart above, we can definitely get a conclusion that the more you learned, the higher your salary would be. The figures in the chart denied the claim that knowledge is useless. However quite a few people still hold the opinion that a higher education does no good to a better job since that there are many university students who can not get an ideal job.
What I want to point out is that there is more than one factor that contributes to the failure of finding an ideal job for those who got a higher education. While those who failed to get a better education will hardly succeed in getting a good job because they didn’t get the knowledge systematically and scientifically.
As the proverb goes like this, Knowledge is power. Education pays, sooner or later.
As is shown above, the bar chart clearly demonstrates the relationship between the education level and earning in 2010. It is obvious that well-educated persons such as owning Doctoral degree and Master's degree have a high salary than those who have relatively low degree. Isolated as the figure seems to be, as a matter of fact, we can observe that the higher level of education you receive, the higher income you get.
People’s opinions about investment in education differ from person to person. Some people say that knowledge could no longer change destiny. To them, it is not only a waste of money, but also a waste of time. Others deem that education is worthy of investment. As for me it is no doubt that education offers favorable working opportunity and handsome income, which enable us to buy what we want ,please what we love, and fulfill what we dream, and correspondingly we are able to build an ideal paradise where life can be enjoyed to the uttermost.
In conclusion, we should realize significance of education, which plays a crucial role in personal growth of career. In addition, it is convinced that education is the prospect of a nation.
As we can see from the picture that nowadays, the phenomenon of Education Pays has aroused wide concern among the people who care about the young people's future. Especially to the young generation living in the big cities, they tend to put the pays to the first place but not the degree, ignoring the fact that this behavior may pose underlying threat to their present career and may even endanger futures.
Ample reasons can account for the issue of Education Pays，the following one might be the most critical .For the majority of young people, they have been always considering the education as a bothering thing to do or not a opportunity that can add color to the dull routine of every day life.So,they want to get a job as early as possible.But, as matter of fact, as the picture described, the people who have learned more earn more than others And,in the picture, the ones who have the doctoral degree earn more XXXX than the ones who have only a degree as bachelor.
Does anyone maintain the same attitude towards this issue?Definitely not，as a matter of fact，opinions vary from person to person. Some argue that Education Pays is beneficial to doctors, because, by this way,they can earn mare money. However ，quite a few people hold the opposite opinion that Education Pays is detrimental to the ones who learn the skills through hard works.But,most of people agree that the demerits of less education far outweigh its merits
To my way of thinking, the issue mentioned above will bound to generate more consequences if we keep turning a blind eye and deaf ear to it. We should appeal to the relevant administration departments to strengthen supervision over it.And，it is high time that all of us ,parents，educators，and the authorities, make combined efforts to tell the young people the fact about the Education Pays. With this measure taken, it is reasonable for us to believe that this problem can be perfectly solved in the near future.
From the bar chart given above, we can observe that it reflects the statistics of income among people of different educational background. Those who possess a doctoral degree earn 1,551dollars median weekly, ranking first among people of other education level. The median weekly earnings of people with associate degree and below can not reach the average of 797 dollars, ranking from 768 dollars to 451 dollars. As for the unemployment rate, 2.5 % of people with doctoral degree will suffer form unemployment. However, the unemployment rate of people with some college, no degree and lower degree surpass the mean value of 7.6%, ranking from 8.7% to 14.1%.
The bar chart of Education Pays reveals a phenomenon that there exits some difference in incomes and unemployment rate among people with different educational level. Quite a few reasons can account for this phenomenon: for one thing, with the advancement of technology and the adjustment of industrial structure, quite a few high-tech industries emerge overnight, which leads to a soar demand of workforces with high educational degree, thus, it is natural that graduates with bachelor’ and higher degree get a high pay-packet and enjoy a stable job. Additionally, those with educational background under associate degree are easily dismissed and paid by low salary. They can be replaced any time due to the fact that their jobs are easy and can be finished by average people.
Definitely, the higher education degree you get, the more likely you are to enjoy a competitive edge in the employment market. Thus, the authorities should enforce some policies to ensure the equity of education. Only in this way can more people lead a stable and comfortable life.