2013년 11월 29일 금요일

About 'debt to earning ratio'|Debt and Taxes







About 'debt to earning ratio'|Debt and Taxes








My               Story
Raised               in               a               nominally               Christian               home,               I               attended               church               regularly.

I               performed               well               academically               in               public               school,               earning               straight               A's.

Though               I               became               a               Christian               at               age               13,               I               was               influenced               by               the               worldly               atmosphere               and               was               romantically               involved               with               a               young               man               who,               I               concluded               eventually,               was               not               a               Christian.

But               I               was               determined               to               marry               a               Christian,               so               I               broke               up               with               him               and               attended               Seattle               Pacific               University,               a               Christian               college;               there               I               thought               I               would               meet               a               nice               Christian               young               man.

Unfortunately,               there               were               a               lot               of               other               girls               with               the               same               idea;               there               was               a               3:1               ratio               of               girls               to               guys               on               campus.

Nevertheless,               I               loved               college,               both               the               academics               and               the               social               atmosphere.

However,               I               still               compromised               morally.

I               didn't               drink               or               party               hardy,               but               I               got               involved               romantically--again--with               another               young               man               who,               it               turned               out,               wasn't               walking               the               Christian               walk.

I               attained               a               teaching               degree               in               music               education,               secondary.

I               taught               music               for               two               years               in               Alaska,               then               returned               to               college,               this               time               to               a               state               university               in               Washington,               for               their               master's               program               in               music               education.

I               met               John               there.

We               got               married               and               started               a               family,               soon               learning               about               homeschooling               through               a               radio               interview               of               Dr.

Raymond               Moore.

I               decided               I               could               teach               my               own               children               better               than               the               public               schools.

I               started               when               Naomi               my               oldest               was               four,               Nathan               was               two               and               Aaron               was               new.

Just               a               few               months               into               it               I               became               very               ill,               and               have               been               chronically               so               through               two               more               pregnancies               for               the               last               21               years.
               I               continued               to               homeschool               even               as               my               health               spiraled               downward,               until               in               2000               John               placed               them               in               the               public               schools.

However,               we               weren't               pleased               with               the               character               results               in               our               children,               so               John               brought               them               back               home               in               2004,               telling               them               that               if               their               mother               couldn't               teach               them,               he               would               when               he               got               home               from               work.

At               that               time               we               were               influenced               further               by               Vision               Forum               and               the               teachings               of               Doug               Phillips               and               Phil               Lancaster,               from               which               we               caught               a               multigenerational               vision.

Doug               Phillips               has               a               two-CD               lecture               on               How               to               Prepare               your               Son               or               Daughter               for               College.

That               lecture               radically               changed               our               plans               for               our               children's               future.
               We               looked               at               the               scriptures               together               and               observed               what               appeared               to               be               the               model               for               launching               our               young               into               world:               "A               man               shall               leave               his               mother               and               father,               and               shall               cleave               to               his               wife,               and               the               two               shall               become               one               flesh".

There               is               no               mention               of               the               man               leaving               to               go               to               college;               there               is               no               mention               of               the               woman               leaving               at               all               before               she               marries.

In               Proverbs               it               does               say,               a               man               prepares               his               field               before               he               builds               a               house.

This               means,               he               develops               his               means               of               providing               for               his               bride               before               he               builds               a               house               to               live               in.

And               Jesus,               when               describing               himself               as               the               Bridegroom,               said,               "I               go               to               prepare               a               place               for               you,               that               there               you               (the               Bride,               his               church)               may               be               also."               This               was               how               we               decided               God               had               designed               families               to               transition               their               young               people               into               the               world.

We               realized               that               sending               our               daughters,               particularly,               into               the               college               setting               was               to               leave               them               unprotected               and               vulnerable               without               their               father's               covering.
               So               we               decided               to               make               some               radical               changes               regarding               college.

Here               is               how               our               children               are               doing               today.
               Naomi,               25,               was               married               to               Nathan               Phillips               (also               a               homeschool               grad)               at               age               19;               she               has               always               had               a               gift               with               children               since               she               was               little               herself;               she               loves               to               cook               and               be               a               mother;               she               is               now               carrying               her               fourth               child,               has               three               boys,               and               is               homeschooling.

Naomi               has               a               lovely               alto               voice;               she               recorded               with               our               family               when               we               made               a               music               CD;               she               also               played               piano               and               electric               bass               with               our               family               band,               Homemade               Jam.

Nathan               Phillips,               my               son-in-law,               works               for               Nathan               Sleadd,               my               son,               as               his               warehouse               manager.
               Nathan               is               23.

At               age               15               he               rode               a               zipline               for               the               first               time;               he               came               home               and               built               a               few               ziplines               to               connect               with               his               treehouses               on               our               acre,               and               decided               he               could               build               them               for               sale.

Before               he               could               legally               drive               he               was               marketing               them               on               eBay,               and               I               drove               him               to               the               p.o.

to               ship               out               his               kits.

He               was               involved               in               competitive               speech               his               sophomore               and               junior               years,               and               went               to               nationals               twice.

As               a               senior               he               attended               the               community               college               to               take               Calculus               and               Chemistry,               spending               the               rest               of               his               time               running               his               business               out               of               our               garage.

He               married               his               duo               interpretive               partner,               Colleen,               and               has               two               children.

He               has               developed               the               Sleadd               Adventure               Gear               brand               with               a               half-dozen               employees,               and               is               grossing               a               million               or               so               each               year.

He               was               named               Oregon's               Young               Entrepreneur               of               the               Year,               shaking               Gov.

Kitzhaber's               hand               to               receive               the               award.
               Aaron,               21,               earned               the               Iron               Man               title               at               regional               speech               competition               by               placing               in               five               categories;               he               became               a               pianist               and               drum               player               and               recorded               a               CD               with               compositions               of               his               own.

When               Aaron               was               a               senior,               we               approached               a               Christian               computer               programmer               named               Stephen               to               ask               him               if               he               would               train               and               apprentice               Aaron               in               his               field.

Stephen               agreed               to               do               so,               and               after               18               months               Aaron               was               ready               to               enter               the               workforce.

He               then               worked               for               Nathan               for               a               year               as               his               marketing               director               until               Stephen               offered               to               hire               him               as               a               partner               in               his               business.

He               is               now               very               well               paid               as               a               computer               programmer,               ready               to               embark               on               being               a               provider.

He               is               currently               engaged               to               Emily,               another               homeschool               graduate               and               speech               competitor.

They               will               be               married               June               8th.
               Alexa,               19,               is               living               at               home.

She               has               been               a               speech               and               debate               beast,               winning               many               medals,               and               won               the               Oregon               Right               to               Life               Oratory               Contest               for               two               years,               the               maximum               allowed.

She               then               won               second               and               third               place               at               the               National               Right               to               Life               contests.

She               has               become               a               professional               photographer,               actress,               artist               and               graphic               designer.

Alexa               initially               started               earning               college               credit               by               taking               CLEP               and               DSST               tests,               and               had               a               College               Plus               counselor               helping               her.

She               had               earned               21               credits               when               she               went               to               the               Chicago               Family               Economics               conference               in               2012               and               came               home               with               a               new               vision,               yet               needing               direction.

Her               father               helped               her               launch               a               company               called               Gabrielle               Imagery,               through               which               she               marketed               her               graphic-arts               and               drawing               skills.

I               helped               her               by               putting               up               a               Facebook               page,               and               she               got               a               client               right               away.

Now               she               is               working               as               an               intern               for               a               marketing               company               called               Define               Your               Edge               where               they               are               training               and               paying               her,               in               Grants               Pass.

She               also               tutors               two               homeschool               children               who               are               neighbors.

She               has               been               defending               the               preborn               on               college               campuses               and               at               public               rallies.

She               is               welcome               to               live               with               us               until               she               marries.
               Caleb,               16,               is               a               sophomore               in               high               school.

He               is               taking               Chemistry               online               through               Apologia               Academy.

He               is               competing               for               his               third               year               in               speech               in               apologetics.

He               is               in               Algebra               II               this               year               in               Saxon               Math,               and               he               is               considering               computer               programming               or               engineering               as               a               career.

With               that               in               mind,               I               anticipate               that               his               high               school               years               will               include               math               all               the               way               through               calculus,               just               as               Nathan               and               Alexa               have               done,               and               some               sort               of               apprenticeship               and               project               during               his               senior               year               that               will               earn               him               dual               credit               for               both               high               school               and               college.

We               are               considering               funding               his               building               a               solar               power               system               for               our               house;               I               have               purchased               tutorial               videos               for               building               solar               panels               so               he               can               learn               how               at               home.
               If               I               seem               to               be               opposed               to               attending               the               traditional               brick               and               mortar               college,               it               is               not               because               I               devalue               academic               rigor.

On               the               contrary,               I               believe               in               holding               to               very               high               standards               of               both               academic               mastery               and               moral               integrity.
               Why               should               we               pursue               high               academic               standards?


               1.

The               fear               of               the               Lord               is               the               beginning               of               wisdom;               fools               despise               wisdom               and               instruction.

(Proverbs               1:8)               Knowledge               is               a               highly-held               value               in               scripture.


               2.

Our               children,               especially               our               sons,               need               the               "intellectual               capital"               to               give               them               an               edge               in               the               economy.

By               intellectual               capital,               I               mean               a               specialized               skill               or               high               level               of               knowledge               that               a               majority               of               people               do               not               have,               for               which               they               are               willing               to               pay               a               goodly               sum.

If               your               sons               are               to               compete               well               enough               and               earn               a               high               enough               income               to               support               a               family,               they               need               to               keep               high               academic               standards               their               goal.

Only               9%               of               American               high               school               grads               are               pursuing               science               in               college.

This               represents               an               opportunity;               if               your               children               pursue               the               sciences,               they               will               be               in               high               demand.
               It               does               not               necessarily               follow               that               one               must               go               to               college               to               attain               high               academic               proficiency.

A               good               high               school               education               should               be               the               equivalent               to               the               first               two               years               of               college.

Colleges               have               dumbed               down               their               programs               for               the               sake               of               filling               up               their               low-achieving               entering-freshmen               classes               to               such               a               degree               that               the               first               two               years               is               largely               a               waste               of               time               for               those               with               a               good               high               school               education.

(My               college               allowed               me               to               be               exempted               from               general               requirements               for               my               degree               because               of               my               GPA               and               test               scores--even               though               my               high               school               education               was               unremarkable.)
               What               should               high               school               look               like               for               our               children               to               be               prepared               for               life?

There               are               a               lot               of               options,               but               academically               I               believe               these               are               the               priorities:               
               a.

4               years               of               English               
               i.

speech               ii.

logic/debate               iii.

Latin/Greek               roots               iv.

writing/grammar               
               b.

4               years               of               science               
               i.

biology               ii.

chemistry               iii.

physics               iv.

applied               science/computer               science/graphic               arts               
               c.

4               years               of               math--as               high               as               they               can               go               and               at               whatever               speed               they               can               go               
               d.

Electives               of               your               choice:               music/art/pe               
               e.

mentorship/apprenticeship               of               3-6               months
               I               strenuously               advocate               mathematics               as               essential               for               training               the               young               brain               to               think.

It               also               is               the               language               through               which               we               can               explain               and               understand               science--it               is               the               language               with               which               God               speaks               to               us               regarding               the               laws               of               nature.

If               your               child               is               unable               to               make               it               all               the               way               through               calculus,               at               least               keep               him               going               through               math               at               the               speed               he               can               handle,               while               gaining               mastery               and               confidence.


               (Caveat:               Bible               should               be               first               and               last               the               most               important               source               of               all               study               at               all               ages,               incorporated               into               all               disciplines               and               discussions.

I               am               focusing               for               the               purpose               of               this               article               on               the               academics.)
               REASONS               TO               ATTEND               A               BRICK-AND-MORTAR               COLLEGE
               Why               go               to               college?

For               one               thing,               it               is               NOT               for               the               purpose               of               finding               a               spouse--yet               how               many               of               us               went               there               for               that               unspoken               reason?
               Is               it               for               high               academic               pursuits?

Well,               I               would               hope               so--yet               (according               to               the               newest               stats)               the               average               college               student               today               spends               more               time               partying               and               playing               sports               than               studying.

But               maybe               your               child               will               be               different.

(Don't               count               on               it.)
               There               are               indeed               a               few               highly               specialized               fields               where               you               need               to               pursue               a               college               degree:               medical               doctors,               nurses,               nuclear               physicists,               veterinarians,               science               researchers,               post-graduate               degrees,               etc.

Those               who               pursue               what               Dr.

Art               Robinson               calls               the               hard-science               fields               (physics               and               chemistry)               may               find               they               need               the               on-campus               experience               with               access               to               the               laboratories               and               expensive               equipment.
               HOW               YOU               CAN               BEAT               THE               SYSTEM
               However,               it               is               getting               easier               all               the               time               to               gain               that               knowledge               from               your               own               home,               or               out               in               the               "real               world"               with               a               laptop               and               internet               access.

MIT               now               has               all               of               its               course               content               available               for               free               online,               and               many               colleges               are               following               suit.

It               only               requires               that               you               be               motivated               enough               to               read               and               work               your               way               through               it               without               a               professor               to               hold               you               accountable.

You               can               teach               yourself               most               of               what               you               need               to               know,               and               then               take               the               requisite               tests               necessary               to               get               college               credit               or               certification               in               your               field.
               There               is               a               very               good               company               started               by               a               homeschool               graduate               named               Brad               Voeller               that               has               systematized               this               approach,               called               College               Plus.

This               program               provides               your               student               with               a               personal               counselor               who               will               coach               him               biweekly               through               the               process.

They               utilize               the               CLEP               and               other               standardized               tests               that               are               accepted               by               most               colleges               for               credit.

There               really               is               no               reason               you               can't               earn               at               least               a               Bachelor's               degree               for               a               fraction               of               the               cost               of               a               brick-and-mortar               college.
               Help               is               also               available               through               the               CollegePrep               program               now               offered               by               College               Plus               ,               wherein               your               high               school               student               will               learn               how               to               earn               dual               credit               for               both               high               school               and               college               while               still               at               home.

They               will               be               assisted               in               attaining               study               skills               necessary               to               become               a               good               college-level               student,               critical               thinking               skills,               memory               and               speed-reading               skills,               etc.

It               is               a               half-year               to               one-year               program               depending               on               what               pace               you               choose               to               go               through               it.

You               also               get               biweekly               coaching               from               a               homeschool               mother               through               this               process.
               You               can               beat               the               system               even               further               and               save               thousands               more               dollars               without               using               C+               and               doing               it               on               your               own.

Keep               your               own               schedule,               figure               out               your               own               course               of               study,               etc.

You               have               to               be               highly               motivated.

Just               buy               the               book               Accelerated               Long-Distance               Learning               by               Brad               Voeller.

Buy               other               books               from               the               C+               Bookstore               and               go               at               it               on               your               own.
               Another               resource               was               founded               by               a               former               engineering               professor,               Dr.

James               Bartlett,               who               offers               a               course               of               home               study               for               science,               business,               agriculture,               medical               and               many               other               majors               and               minors               that               will               coach               you               through               a               college               education               without               taking               standardized               tests               or               needing               a               degree               from               an               accredited               organization.

The               organization               is               called               Biblical               Concourse               of               Home               Universities               and               offers               web-based               coaching               with               teachers               who               share               a               biblical               worldview.

It               has               a               great               bookstore               with               college               textbooks               and               hands-on               project-oriented               materials               for               at-home               study.
               REASONS               NOT               TO               DO               COLLEGE               
               Why               not               go               to               a               traditional               brick-and-mortar               college?


               1.

No               such               Biblical               model               
               Jesus               was               homeschooled.

He               learned               at               home,               and               perhaps               under               the               tutelage               of               rabbis               in               His               local               synagogue               in               Galilee,               though               it               is               not               mentioned               in               scripture.

His               home               study               was               sufficient               to               cause               the               learned               men               of               Jerusalem               to               be               amazed               at               his               abilities               at               age               12.

He               stayed               subject               to               his               parents               until               age               30.

His               father               Joseph               taught               him               his               trade               as               a               carpenter,               and               Jesus               worked               for               him               until               he               was               ready               to               start               his               ministry.

That               was               the               Jewish               way,               and               Jesus               implicitly               endorsed               that               way               by               following               it               himself.
               2.

Moral               debauchery               and               compromise               
               Nathan               Harden               is               a               2009               graduate               of               Yale               and               author               of               the               recently               published               book,               Sex               and               God               at               Yale:               Porn,               Political               Correctness,               and               a               Good               Education               Gone               Bad               .

His               book               documents               the               events               of               Sex               Week               at               his               alma               mater,               including               the               screening               in               classrooms               of               hard-core               pornography.

The               details               of               what               occurs,               not               in               the               dorms,               but               in               the               classrooms               with               the               consent               and               endorsement               of               professors,               are               too               sordid               for               me               to               print               here.
               Harden               says,               "Unfortunately,               what's               happening               at               Yale               is               indicative               of               what               is               occurring               at               colleges               and               universities               across               the               country.

Sex               Week,               for               example,               is               being               replicated               at               Harvard,               Brown,               Duke,               Northwestern,               the               University               of               Illinois,               and               the               University               of               Wisconsin.

Nor               would               it               suffice               to               demand               an               end               to               Sex               Weeks               on               America's               college               campuses.

Those               events               are,               after               all,               only               symptoms               of               a               deeper               emptiness               in               modern               academia.

Our               universities               have               lost               touch               with               the               purpose               of               liberal               arts               education,               the               pursuit               of               truth.

In               abandoning               that               mission-indeed,               by               denying               its               possibility-               our               institutions               of               higher               learning               are               afflicted               to               the               core."
               This               is               the               case               on               secular               campuses,               but               don't               think               you're               going               to               avoid               compromise               on               the               Christian               campuses.

They               may               not               have               Sex               Week,               but               there               is               nonetheless               plenty               of               romance               and               couplings               going               on.

At               SPU               even               3               decades               ago,               there               were               drug               and               drinking               parties,               and               hetero-               and               homosexual               sex               among               students,               in               student               residences               very               close               to               campus               as               well               as               on-campus.

The               reason               is               that               even               among               the               most               devoted               Christian               young               people,               when               they               are               placed               into               a               24/7               environment               without               the               protection               of               the               father,               the               daughters               are               unprotected               from               the               advances               of               young               men,               and               foolishness               and               sin               abounds.
               Now,               I               have               friends               whose               son               is               attending               Patrick               Henry               College,               a               Christian               college               started               by               Michael               Farris               of               Home               School               Legal               Defense               Association,               for               homeschool               graduates               in               particular.

I               have               great               respect               for               my               friends,               but               they               will               admit               to               you               that               there               is               moral               compromise               occurring               there               as               well.

If               you               take               seriously               the               biblical               requirement               of               fathers               to               protect               the               virginity               of               their               daughters,               you               have               an               uphill               battle               to               do               it               long               distance.

I'm               not               saying               it's               impossible,               but               it               will               take               great               effort.
               3.

Money               
               To               attend               a               brick-and-mortar               college               you               have               to               either               save               the               equivalent               of               what               you               would               pay               for               a               house,               ($22,000/yr               for               a               state               college               and               $29,000/yr               for               a               private               school)               or               go               into               debt,               or               get               a               very               generous               scholarship.

Most               scholarships               will               only               get               you               through               the               first               year               or               two,               and               then               once               the               college               has               your               child               hooked,               the               scholarships               dry               up.

I               think               it               is               a               huge               mistake               for               a               young               person               to               start               out               life               as               a               college               grad               with               tens               of               thousands               of               dollars               in               debt.

The               data               shows               that               the               wages               they               can               earn               in               most               fields               no               longer               adequately               compensate               them               for               the               debt               they               incur               to               prepare               for               those               fields.

It               is               fiscal               insanity.
               MORE               ALTERNATIVES               TO               THE               TRADITIONAL               ROUTE               
               1.

Take               certifying               exams,               get               work               experience               in               your               field               of               interest/expertise.

Example               given:               biblicalconcourse.com               
               2.

Internships,               apprenticeships.

Example:               Aaron's               story               above               
               3.

Teach               yourself               online;               tutorials               abound.


               4.

Start               a               business               of               your               own.

Example:               Nathan               
               5.

Vocational               training               at               local               junior               college.

Just               take               the               classes               you               want;               don't               bother               with               the               degree.

6.

Find               a               friend               who               can               help               you               learn.

Use               Skype               or               similar               social               networks.


               7.

Be               a               servant;               offer               to               help               in               the               office               of               a               ministry               or               business               or               political               candidate.

Make               yourself               useful               as               a               volunteer               and               show               yourself               worthy               of               compensation.


               8.

Buy               the               software               program               that               is               considered               required               for               the               field               you               are               interested               in,               and               learn               how               to               use               it.

Go               on               Craigslist               and               see               what               computer               program               skills               employers               want               you               to               have,               and               teach               yourself.


               9.

Read.

Read.

Read.

And               then               read               some               more.

I               have               always               told               my               kids,               "Everything               you               ever               want               to               know               can               be               found               in               a               book."               Now               I               tell               them               if               it's               not               in               a               book,               it's               on               the               internet.
               If               you               must               go               to               a               brick-and-mortar               college,               consider               these               alternatives:               
               1.

Live               at               home               while               going               to               college.

This               helps               avoid               the               morally-compromising               bachelor-pad               lifestyle,               and               saves               mucho               buckos.


               2.

Live               with               a               godly               family               who               will               hold               you               accountable               to               maintain               a               healthy               social               life               while               going               to               college.


               3.

Get               married               while               going               to               college.

(This               has               its               financial               and               marital               drawbacks               too.)               
               4.

Keep               in               touch               daily               with               parents.

My               mother-friend               mentioned               above               texts               her               son               daily,               and               he               tells               her               everything.

They               are               in               a               good               relationship,               and               after               all,               that               is               what's               most               important.
               Let               us               be               very               clear:               we               are               not               preparing               our               children               for               college;               we               are               preparing               them               for               life.

College               is               only               a               means               to               an               end.

We               should,               in               fact,               be               raising               up               life-long               learners.

They               should               have               a               love               for               learning               that               extends               throughout               their               lives,               regardless               of               age               and               stage.
               Resources               
               Douglas               Phillips,               How               to               Prepare               Your               Son               or               Daughter               For               College,               2               CDs,               visionforum.com               
               Brad               Voeller,               Accelerated               Distance               Learning,               Global               Learning               Strategies






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