Choosing a Degree Program

When you are making an important decision of selecting the right degree program, it is primarily important to consider the goal of that degree. In the past, students opted for subjects and fields that interested them. There were and still are, certain careers that demand only a specific level of competency and knowledge by virtue of a degree, thus, allowing students to investigate degree programs that they find academically interesting and challenging and not necessarily with a specific career in mind. But, with the increasingly saturated job markets and the current economic crisis, a high premium is placed on expertise through the right degree program and training. The job market is getting more and more competitive and specialized fields typically require an equally specialized degree in order to be successful.

Once you have decided on a career, the next question to tackle is then which degree to opt for. There a number of key factors to consider while doing so. Firstly, you will have to decide whether it is necessary and more practical to pursue a Certificate, Associate, or Bachelor education, or if a Master and Doctorate degree is what will make the difference to your future job prospects. Keep in mind your time commitments, monetary constraints as well as your practical academic goals when making your final choice and ask yourself the following questions:

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Monetary policy and the term structure of interest rates in Japan.

This paper is investigates the relationship between the Japanese yield curve and monetary policy. In the 1980s and 1990s average bond yields have risen from 5% to 8% and then fallen to 2% and the slope of the yield curve has swung from positive to negative to positive. We are interested in understanding the contribution of monetary policy to these movements in the yield curve.

One motivation for our interest is Japan’s recent experience. In spite of massive increases in monetary base and a zero nominal interest rate, economic growth has remained low and deflationary pressure has not abated. These events are raising new questions about the effectiveness of monetary policy under a zero nominal interest rate policy. Eggertson and Woodford (2003) argue that a monetary authority can still influence economic activity when nominal interest rates are zero by taking actions that affect market expectations about the future time path of variables such as interest rates, inflation or exchange rates. One way to assess the ability of a central bank to affect expectations is to look retrospectively and ascertain the extent to which previous monetary policy surprises have affected bond yields of different maturities. If monetary policy is indeed a potent tool for altering expectations then this should show up in the responses and variance decompositions of medium and long-term bonds yields to suitably identified shocks to monetary policy.

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Education – University Degree

With the escalating cost of higher education, many people have begun to question the value of pursuing a college degree. The struggle to earn a living and attain valuable knowledge to increase future earning potential is a dilemma for many folks. However, research has revealed that the rate of return on the investment to earn a university degree for both the individual and society over the long run is over 118% on average.

According to the U.S. Census Bureau, the holder of a university degree can earn over one million dollars in extra income over the course of their lifetime. One million dollars is a significant sum of money considering the cost involved in investing in a university degree ( On average US $35,196). Knowing that a person who holds a university degree may earn one million dollars more in their lifetime supports the concept that higher education is a worthwhile investment. There are many other verifiable reasons to support going to college to earn a university degree, such as:

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