In the Ollywood class, we focused on every aspect of filming. We talked about pre- production, production, and post- production. We learned all about the things that go into each one of these categories and how that may affect the way the film looks. We had the chance to go to some very interesting and helpful places and talk to very interesting people. We got to talk to Ron Mix all about a documentary that he made which was incredibly interesting and helpful because we were able to ask him questions about the production of his film. For this Action Project, we were tasked with filming and editing a movie review on a movie of our choice. My partner and I decided to do the movie Hush. You can check out her blog here . The most difficult part of this project was the editing portion. It was challenging to make all of the cut align. I am very proud of this project and I think it turned out really well.
_______________________________________________________________
Wednesday, December 14, 2016
Saturday, October 29, 2016
25 Years of Investing
In the last unit of the first senior steam class, Economics, we talked about money in the market. We focused on how money moves through the government and through the market and how quickly the market can change. This lead us into our action project where we were given a sum of money that we had to spend over a 25 year period by investing it in different companies. This project was incredibly challenging but it was worth it. I learned a lot of things about investing and the goals I want to set for myself.
Apple is a gigantic corporation that has been around since 1976. They specialize in electronics: phones, computers, tv systems, headphones, etc. They have released lots of different types of phones over the years and just recently released the iphone 7 and the iphone 7+. These have caused the market to change drastically. Every Time they release a new product their are lines of people ready to get their products. Apple’s economic moat is very strong since lots of people won't try to do the exact same thing as apple because it wouldn't be beneficially if it's not the real thing. Apple's risk factor is most likely very high since they are always changing new things on the iPhones that people may or may not like. Their P.E. ratio is 26.08. This would also be a very smart investment for me to make.
The time horizon comes into play when investing no matter what. I am spreading out my stock investments based on how they have been doing for the past year. If one of my stocks is dropping, I will only invest in that one for 1 year, and if a company is doing well, I will invest in it during one of my longer periods.
I created 3 investment portfolios for each goal I set for myself.
For my 1 year goal, I put in $7,000:
The grouping of NIK and APPL had an expected ROI of 21.08%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
For my 5 year goal, I put in $8,000:
The grouping of NIK and DIS had an expected ROI of 106.8%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
For my 25 year goal, I put in $34,000:
The grouping of DIS and APPL had an expected ROI of 6903.03%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
The three investments that I made are in all different stock sectors. Nike is ruled under consumer goods, Disney is entertainment, and Apple is electronics. I wanted to make sure that the companies I was investing in were not all selling the same type of thing. I wanted to have a lot of diversity so my investments fall into different categories. Throughout this process I made a few assumptions for the sake of the project:
-The ROI will stay the same
-The stock market won’t crash during the 25 years I am investing
-The real estate market won’t crash.
After a lot of investing, all of my goals will become a reality. I invested in the right companies and based on the math I did, all of my goals should be reached by the time allowed for each one.
_________________________________________________________
References:
"Apple Inc's ROI per Quarter." Apple Inc (AAPL) Return on Investment ROI Quarterly, Average High and Low, Overall Ranking from Mar 26 2016 to Mar 28 2015. CSI Market Company, 2016. Web. 29 Oct. 2016.
"AAPL Profile | Apple Inc. Stock - Yahoo Finance." AAPL Profile | Apple Inc. Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"BRING INSPIRATION ANDINNOVATION TO EVERYATHLETE* IN THE WORLD." About Nike. Nike, n.d. Web. 29 Oct. 2016.
"DIS Profile | Walt Disney Company (The) Commo Stock - Yahoo Finance." DIS Profile | Walt Disney Company (The) Commo Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"NKE Profile | Nike, Inc. Common Stock Stock - Yahoo Finance." NKE Profile | Nike, Inc. Common Stock Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"Nike, Inc. (NKE) Ownership Summary." NASDAQ.com. Nasdaq, n.d. Web. 29 Oct. 2016.
__________________________________________________________________
The scenario goes like this: 18 years ago, my guardian angel set up a college savings plan for me with an initial investment of $8,500. My angel contributed $50 each month to the college savings plan ($600 yearly). After 18 years at an average annual interest rate of 7%, compounded annually, the plan is now worth a hefty lump sum. Yesterday, I cashed out your plan and deposited the money in a brokerage account to invest on my own.
After those 18 years in the bank, that $8,500 is now $49,128.87. In order to get the most out of this money, I am investing in three different companies. My investment philosophy is that I want to make money, but I don't want to invest in things that I dont potentially agree with. I will give some leeway for something that I know would make me a lot of money but it goes against my morals a little bit. I will draw the line when it comes to a company that goes completely opposite from my morals. I have a pretty high risk tolerance. After taking a quiz online with the Rutgers New Jersey Agricultural Experiment Station, I scored a 37 which means I have a high risk tolerance. I like to take risks and that shows in my investments.
While doing this I had to think a lot about my values and which type of companies follow them. I value environmentally friendly, animal friendly, and profit driven companies. I want companies that look out for animals and the environment but I also want to make money. I would love a company that did all three but if a company that could make me a lot of money was animal friendly but not incredibly environmentally friendly, I would sacrifice that so that I would be able to reach my SMART goals in the time I want to achieve them.
I set some SMART goals for myself to achieve within 25 years. I chose 3 goals I would like to achieve; one after 1 year, one after 5 years, and one after 25 years. My goals are as follows:
When it comes to investing, I chose three companies: Apple, Nike, and Disney. I chose to dive deeper into two of my three companies: Apple and Disney.
Disney is a huge company that has been around for years. They focus on many different elements such as clothing, toys, and most importantly: movies. They have created hundreds of movies over the time of their existence and have also created thousands of shorts. Diversification is very big at Disney. After getting a lot of heat about all of their movies being about white people, they switched it up and started making their movies about all different races, most recently they are releasing a new Disney Princess movie called Moana. They also recently bought the star wars franchise and are releasing 6 new movies under that, 1 of which has already come out and gotten rave reviews. Their economic moat is very large because of the companies that they work with. Their P.E. ratio is 23.32 (industry) and their dividend yield is 1.53%. This companys makes a lot of family friendly movies and they are a very family oriented company, with all of their new movies coming out, they are a very smart investment. Disney is definitely a long term investment.
The scenario goes like this: 18 years ago, my guardian angel set up a college savings plan for me with an initial investment of $8,500. My angel contributed $50 each month to the college savings plan ($600 yearly). After 18 years at an average annual interest rate of 7%, compounded annually, the plan is now worth a hefty lump sum. Yesterday, I cashed out your plan and deposited the money in a brokerage account to invest on my own.
After those 18 years in the bank, that $8,500 is now $49,128.87. In order to get the most out of this money, I am investing in three different companies. My investment philosophy is that I want to make money, but I don't want to invest in things that I dont potentially agree with. I will give some leeway for something that I know would make me a lot of money but it goes against my morals a little bit. I will draw the line when it comes to a company that goes completely opposite from my morals. I have a pretty high risk tolerance. After taking a quiz online with the Rutgers New Jersey Agricultural Experiment Station, I scored a 37 which means I have a high risk tolerance. I like to take risks and that shows in my investments.
While doing this I had to think a lot about my values and which type of companies follow them. I value environmentally friendly, animal friendly, and profit driven companies. I want companies that look out for animals and the environment but I also want to make money. I would love a company that did all three but if a company that could make me a lot of money was animal friendly but not incredibly environmentally friendly, I would sacrifice that so that I would be able to reach my SMART goals in the time I want to achieve them.
I set some SMART goals for myself to achieve within 25 years. I chose 3 goals I would like to achieve; one after 1 year, one after 5 years, and one after 25 years. My goals are as follows:
1-year goal: Have enough money to take a summer off to travel- $7,000
5-year goal: rent a nice apartment in california- $8,000
25-year goal: own a lake house in Wisconsin/ Michigan -$34,000
When it comes to investing, I chose three companies: Apple, Nike, and Disney. I chose to dive deeper into two of my three companies: Apple and Disney.
Disney is a huge company that has been around for years. They focus on many different elements such as clothing, toys, and most importantly: movies. They have created hundreds of movies over the time of their existence and have also created thousands of shorts. Diversification is very big at Disney. After getting a lot of heat about all of their movies being about white people, they switched it up and started making their movies about all different races, most recently they are releasing a new Disney Princess movie called Moana. They also recently bought the star wars franchise and are releasing 6 new movies under that, 1 of which has already come out and gotten rave reviews. Their economic moat is very large because of the companies that they work with. Their P.E. ratio is 23.32 (industry) and their dividend yield is 1.53%. This companys makes a lot of family friendly movies and they are a very family oriented company, with all of their new movies coming out, they are a very smart investment. Disney is definitely a long term investment.
Apple is a gigantic corporation that has been around since 1976. They specialize in electronics: phones, computers, tv systems, headphones, etc. They have released lots of different types of phones over the years and just recently released the iphone 7 and the iphone 7+. These have caused the market to change drastically. Every Time they release a new product their are lines of people ready to get their products. Apple’s economic moat is very strong since lots of people won't try to do the exact same thing as apple because it wouldn't be beneficially if it's not the real thing. Apple's risk factor is most likely very high since they are always changing new things on the iPhones that people may or may not like. Their P.E. ratio is 26.08. This would also be a very smart investment for me to make.
The time horizon comes into play when investing no matter what. I am spreading out my stock investments based on how they have been doing for the past year. If one of my stocks is dropping, I will only invest in that one for 1 year, and if a company is doing well, I will invest in it during one of my longer periods.
I created 3 investment portfolios for each goal I set for myself.
For my 1 year goal, I put in $7,000:
60 shares of NIK @ $51.80 ($3,108 total) (35% of portfolio)
30 shares of APPL @ 114.97 (3,449.10 total) (65% of portfolio)
 |
| 1 year. MF, 2016 |
The grouping of NIK and APPL had an expected ROI of 21.08%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
For my 5 year goal, I put in $8,000:
50 shares of NIK @ 51.80 (2,590 total) (30% of portfolio)
50 shares of DIS @ $93.83 ( 4,691.5 total) (70% of portfolio
 |
| 5 year. MF, 2016 |
The grouping of NIK and DIS had an expected ROI of 106.8%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
For my 25 year goal, I put in $34,000:
40 shares of DIS @ 93.83 (3,753.2 total) (50% of portfolio)
70 shares of APPL @ 114.97 (8,622.75 total) (50% of portfolio)
 |
| 25 year. MF, 2016 |
The grouping of DIS and APPL had an expected ROI of 6903.03%. In the graph above I have sectioned off a pie chart to show how my portfolio was divided.
The three investments that I made are in all different stock sectors. Nike is ruled under consumer goods, Disney is entertainment, and Apple is electronics. I wanted to make sure that the companies I was investing in were not all selling the same type of thing. I wanted to have a lot of diversity so my investments fall into different categories. Throughout this process I made a few assumptions for the sake of the project:
-The ROI will stay the same
-The stock market won’t crash during the 25 years I am investing
-The real estate market won’t crash.
After a lot of investing, all of my goals will become a reality. I invested in the right companies and based on the math I did, all of my goals should be reached by the time allowed for each one.
_________________________________________________________
References:
"Apple Inc's ROI per Quarter." Apple Inc (AAPL) Return on Investment ROI Quarterly, Average High and Low, Overall Ranking from Mar 26 2016 to Mar 28 2015. CSI Market Company, 2016. Web. 29 Oct. 2016.
"AAPL Profile | Apple Inc. Stock - Yahoo Finance." AAPL Profile | Apple Inc. Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"BRING INSPIRATION ANDINNOVATION TO EVERYATHLETE* IN THE WORLD." About Nike. Nike, n.d. Web. 29 Oct. 2016.
"DIS Profile | Walt Disney Company (The) Commo Stock - Yahoo Finance." DIS Profile | Walt Disney Company (The) Commo Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"NKE Profile | Nike, Inc. Common Stock Stock - Yahoo Finance." NKE Profile | Nike, Inc. Common Stock Stock - Yahoo Finance. Yahoo, n.d. Web. 29 Oct. 2016.
"Nike, Inc. (NKE) Ownership Summary." NASDAQ.com. Nasdaq, n.d. Web. 29 Oct. 2016.
Thursday, October 20, 2016
Princess Diana of Wales
In the second unit of the Journalism class, we focused on sound. We looked at a lot of different types of podcast about different things and began to gather different tips and ways to talk about a topic with just your words. For the action project we were tasked with finding someone influential from the 20th century and creating a podcast about them. We had to interview two people and find sound clips of the person we chose. For my project I chose Princess Diana of Wales. Something that I enjoyed about this project was the freedom to choose whoever I wanted from the 20th century. Something that was hard for me was finding which sound clips I wanted to use for this project. I am really happy with how my project turned out and I hope you enjoy it.
_______________________________________________________________________
_______________________________________________________________________
WHEN
|
WHO/HOW
|
WHAT
|
0.00-17.612
17.612-39.752
39.752-1.01.813
1.01.813-1.10.543-
1.10.543-1.36.467
1.36.467- 1.46.748
1.46.748- 1.52.315
2.06.715-2.05.945
2.09.650- 2.40.415-
2.41.117-2.45.523-
2.24.470- 4.02.713-
4.04.303- 4.24.693-
4.28.840- 5.11.874-
5.13.379- 5.24.639
5.24.639- 5.48.600
5.27.768-5.46.576
|
[ Background music}]
[MF]
[Diana]
[MF]
[Diana]
[MF]
[MF]
[RD]
[Diana]
[MF]
[MNF]
[MF]
[MNF]
[Diana]
[MF]
|
Background music starts (Candle in the Wind by Elton John Instramental)
Hi. I’m MF from GCE Lab School today I am going to talk about a voice that had a huge impact on people around the world: Princess Diana of Wales. This voice was important to the 20th century because not only was she a princess, she was also a human rights activist. She spoke on many issues that people face daily and was even able to connect them to her own life.
From early childhood, many had felt they were expected to be perfect but didn’t feel they had the right to express their true feelings to those around them. Feelings of guilt of self revoltion and low personal esteem.
She also focused a lot of her time on children's rights in different countries. She spent her time working with organizations from all around the world ranging from Turning Point to Red Cross .
1989 marks the celebration of Turning point: a charity which, in its 25 years, has gained enormous experience in dealing with problems related to drug and alcohol misuse. Today, Turning Point is the largest national voluntary organization catering to those who drink, drug and mental health problems.
1.36.467- 1.46.748- Although she got a lot of hate for some of the organizations she worked with, she never let that stop her. Diana was born into British nobility and became a princess once she married Prince Charles.
1.46.748- 1.52.315- I’m going to be talking to my friend who also has a connection with Princess Diana.
There are many issues going on in the world. And the one admirable thing about Diana was that she cared so much about these problems. She actually traveled to countries devastated by disaster and disease and tried to connect to the people affected.
When no one listens to you, you feel no one is listening to you, all sorts of things start to happen. For instance you have so much pain inside yourself, that you try and hurt yourself on the outside because you want help, but it’s the wrong help your asking for. People see it as crying wolf or attention seeking and they think because you’re in the media all the time, you’ve got enough attention. But I was actually calling out because I wanted to get better in order to go forward and continue my duty or my role as wife, mother, princess of wales.
Now I am going to be talking to someone else who also had a connection to Princess Diana.
I remember watching her entire wedding on T.V. I don’t know how long it was but it was long. What was also long was the train on her dress, it was like 20 feet long or something. It was beautiful, and the wedding was beautiful, and I watched the whole thing and it seemed like they were in love but, it came out later that it was probably a marriage more of convenience then it was of love. He was, I think, in love with another woman who he ended up marrying after she died but I think that Diana didn’t get along with his mother, the queen, and she felt kind of trapped. But she did her own thing and I think she did a really good job of being the princess and going around and helping people especially people with aids and children.
Princess Diana spent so much time focusing on other people’s problems, she wasn’t able to focus on her own. Her marriage was failing and she couldn’t exactly divorce Prince Charles because she would look incredibly bad to the entire country. She had to deal with a failing marriage, depression, and an eating disorder all on her own for a long time while still having a brave face in public.
And I think her depression, I guess she was depressed and that was probably because of her life even though it would seem like the life of a princess would be a fairytale but I don't think it was for her. I remember when she died I was in a bar in Waupaca, Wisconsin with my sister and some friends and we were playing pool and it came on the TV that she died in the car crash in London and it was, while no body cried, it was really kind of shocking.
Well it gave everybody a wonderful new label: is Diana’s unstable and Diana’s mentally unbalanced; and unfortunately that seems to have stuck on and off over the years.
Diana was able to be a powerful voice for so many people all around the world. Lots connected with Diana in different ways. She spoke a lot about women and connected most of her speeches to them but there were still lots of men that admired her as well. When she died a lot of people, even those that didn't live in wales, were incredibly sad and heartbroken.
Background music continues, fades out.
|
Thursday, September 29, 2016
The Meaning of Life
__________________________________________________________________
The Perks Of Being A Wallflower is one of my favorite movies/books. It’s all about love, friendship, sadness, and heartbreak. One of my favorite quotes from the movie is “Enjoy it. Because it’s happening.” The quote was said by Charlie--the main character in the film/novel. I love this quote because I think it speaks to everything that happens in life, good or bad. It shows that no matter what is happening in life, you have to keep your head up because it’s happening and you can’t change it. Life is a vast space full of opportunities so “What is the meaning of life?”
Mary is your average mom. She was born in Texas and raised in a suburb of Illinois. She moved to the city to become a grade school teacher. She currently teaches at a CPS language school in Old Town. She has taught many grades from eighth all the way down to third. She is a horse- loving prankster who loves her daughter.
As I lay on a blanket on the roof outside my bedroom, I look at all of the planes soaring through the sky. I hear my mom calling me “Maddie? I’m ready for the interview. Where are you?” I turn around, “On the roof, I’m coming in.” I grab my blanket and walk slowly back up to my window and climb through. I sit cross- legged on the white couch in my moms room while my mom sits down in front of me on her bed. “So mom, what is the meaning of life?” She sits and ponders for a couple minutes. “Mom?” I ask, checking if she is still listening. She finally breaks her silence.
“Do what you want to do, say what you wanna say, love who you wanna love and don’t worry what people think.” She says the last part with a smile. She stares down at my dog Lily who is making an unnecessary amount of noise and lifts her onto her bed. “You can see even with Lily that she's always smiling no matter what and her life is meaningful.” She walks across her room and looks in the mirror.
“Why do you think life is meaningful” I ask looking up from my computer. She looks to the ceiling, thinking about the question. “Not only do I get to do things that I want to do without worry from other people but I also get to give meaning to other people’s lives. A big part of it is to do things for other people and I think making other people lives meaningful is as important as making your own life meaningful. So doing kind things for others and treating all people with kindness is extremely important for making your own life happy. Doing kind things and being good to other people makes my life better but that's not why I do it…” She pauses, “It just goes along with it.”
She walks back over to her bed. I look through my prep sheet and pick another question. I turn to her, “What is your favorite thing in the world that makes your life better?” She thinks for what feels like hours. “You I guess…. Well really horses.” She sighs, “When I had you my life became 100 times more meaningful. It changed everything. It was another person that I was responsible for. To make happy, to feed, to love, to teach. I think having children is one of the best ways to, well for me, made my life meaningful. It wasn’t not meaningful before, but I think having kids changes people's lives. You are no longer only living for yourself you are now living for someone else.”
I took many pictures of my mom that evening. Some from close up, some from far away. It was too dark and cold to take them in the garden, so we took them inside the house. As I adjust the focus, she continues to move positions. I continue to snap pictures of her on my Canon camera. After careful consideration I chose this photo. I chose this one because I think it captures her in her best state: calm. I took it with the portrait setting on my camera so that everything in the background would be blurry so the photo would just focus on my mom.
 |
| MF. (MOM) 2016 |
As the interview drew to a close I had just one more question for my mom “What is the best part about living?” I ask. She turns slowly to me. “Sleeping. Laughing. Making people smile and making people happy.” She asks me to repeat the question. I do. “Waking up after getting a full night’s sleep. That has to be the best feeling ever.”
Matagalpa, Nicaragua
This summer for 3.5 weeks, I had the chance to travel to Matagalpa Nicaragua with an amazing organization called Global Glimpse. Over the course of those 3.5 weeks I learned a lot about the country I was in as well as myself. This was a once in a lifetime experience that I will never forget as long as I live.
I traveled to this foreign country along with 17 other people that I knew almost nothing about (there were 20 of us in total but I got the chance to travel with two people from GCE). Being in a new place with completely unfamiliar people was something very new for me. It really pushed me far outside of my comfort zone and made me make a lot of new friends.
While I was there I was able to do some pretty incredible things. In the country we built a door, a ceiling, a wall, and installed a mural all in 2 1/2 days! It was a lot of work but it was for a great organization called Infancia sin Fronteras which basically translates to Boundless Childhood. We built these things in a bad neighborhood in Matagalpa. The building we worked on was a school for young children as well as a hospital. They wanted us to build things for the school because there was nothing separating the children from the sick people and they were getting sick. After completing all of the work and being able to look at all of the amazing work we had done made me feel so amazing. While we were working people from the neighborhood were constantly telling us how great it looked and that they were so glad we were working so hard. There were so many kids that came by day after day just to watch us work.
This entire experience changed my life. It really made me realize that I take a lot of things for granted. I am so lucky for everything I have and I need to be more thankful. I met so many amazing people that have changed my life for the better. From the countless hours of playing cards to the walks around town to get coffee, I wouldn't change one bit of my experience in Nicaragua.
 |
| Airport. (2016) |
Wednesday, September 28, 2016
Lawyer vs. Marine Biologist
For the first Action Project of the STEAM course, Economics, we were tasked to look at our futures. We had to think about what we want to do with our lives post high school. That included looking at the college route vs the no college route, thinking about how much it would cost to go to college to obtain the degree that we need, figuring out how much money we would make in our chosen profession over 40+ years, etc. Something we looked at a lot in this unit was opportunity cost and money. This means how long things take and comparing that to other things you could be doing. This goes into the project quite a bit because we had to choose if we wanted to spend time and money in college or just heading straight into our career. Something I struggled with was choosing a career. I have so many ideas about what I want to do with my life after high school. I finally decided to choose two different careers and see which one would be most beneficial.
__________________________________________________________________
The question “What do you want to be when you grow up?” sits in the mind of most teenagers. Next year I will either attend Harvard Law School or The University of California Santa Barbara to study how to become either a lawyer or a marine biologist. Marine Biologists work with the things happening in the water. That includes oceans, rivers, lakes, etc. They work to keep the water clean and make sure all the living things are healthy. Lawyers are the ones that defend/prosecute people in court. They work in the courts working on cases of all topics and making sure everything is just and fair for people.
I chose these two occupations because I have always been interested in the ocean as well as law. My uncle is a lawyer so I have learned a lot of things from him about what it’s like to work in this profession. I have always loved to swim and learn more about the different animals in the water. I am super interested in both of these careers. In order to become a marine biologist I would need 4-10 years in college ( 4 years for a bachelor's degree, an (optional) master’s degree or PhD). In order to become a lawyer I would need 7-8 years in college (4 years for a bachelor's degree;following that is law school for 3-4 years).
(2016)
Law (2016)
(2016)
(2016)
(2016)
__________________________________________________________________
The question “What do you want to be when you grow up?” sits in the mind of most teenagers. Next year I will either attend Harvard Law School or The University of California Santa Barbara to study how to become either a lawyer or a marine biologist. Marine Biologists work with the things happening in the water. That includes oceans, rivers, lakes, etc. They work to keep the water clean and make sure all the living things are healthy. Lawyers are the ones that defend/prosecute people in court. They work in the courts working on cases of all topics and making sure everything is just and fair for people.
I chose these two occupations because I have always been interested in the ocean as well as law. My uncle is a lawyer so I have learned a lot of things from him about what it’s like to work in this profession. I have always loved to swim and learn more about the different animals in the water. I am super interested in both of these careers. In order to become a marine biologist I would need 4-10 years in college ( 4 years for a bachelor's degree, an (optional) master’s degree or PhD). In order to become a lawyer I would need 7-8 years in college (4 years for a bachelor's degree;following that is law school for 3-4 years).
College is extremely expensive. The cost of Harvard Law in 2015-2016 was $57,200. The cost of Harvard Law in 2016-2017 was $59,550. The tuition percent increase is 4%. After going to school for four years, the cost would be $263691.43. The cost of University of California Santa Barbara in 2015-2016 was 24,708. The cost of University of California Santa Barbara in 2016-2017 was $26,682. The tuition percent increase is 8% After going to this school for 4 years the total amount of money I would be paying would be $192,254.87
Reference Data | |
| Beginning Balance | $263,691.43 |
| APR | 5 |
| Annual Salary | $74,880.00 |
| Annual Payment | $22,464.00 |
Year
|
Beginning Balance
|
Payment
|
Interest Rate
|
Interest Paid
|
Principal Paid
|
Ending Balance
|
1
|
$263,691.43
|
$22,464.00
|
5.00%
|
$13,184.57
|
$9,279.43
|
$254,412.00
|
2
|
$254,412.00
|
$22,464.00
|
5.00%
|
$12,720.60
|
$9,743.40
|
$244,668.60
|
3
|
$244,668.60
|
$22,464.00
|
5.00%
|
$12,233.43
|
$10,230.57
|
$234,438.03
|
4
|
$234,438.03
|
$22,464.00
|
5.00%
|
$11,721.90
|
$10,742.10
|
$223,695.93
|
5
|
$223,695.93
|
$22,464.00
|
5.00%
|
$11,184.80
|
$11,279.20
|
$212,416.73
|
6
|
$212,416.73
|
$22,464.00
|
5.00%
|
$10,620.84
|
$11,843.16
|
$200,573.56
|
7
|
$200,573.56
|
$22,464.00
|
5.00%
|
$10,028.68
|
$12,435.32
|
$188,138.24
|
8
|
$188,138.24
|
$22,464.00
|
5.00%
|
$9,406.91
|
$13,057.09
|
$175,081.15
|
9
|
$175,081.15
|
$22,464.00
|
5.00%
|
$8,754.06
|
$13,709.94
|
$161,371.21
|
10
|
$161,371.21
|
$22,464.00
|
5.00%
|
$8,068.56
|
$14,395.44
|
$146,975.77
|
11
|
$146,975.77
|
$22,464.00
|
5.00%
|
$7,348.79
|
$15,115.21
|
$131,860.56
|
12
|
$131,860.56
|
$22,464.00
|
5.00%
|
$6,593.03
|
$15,870.97
|
$115,989.59
|
13
|
$115,989.59
|
$22,464.00
|
5.00%
|
$5,799.48
|
$16,664.52
|
$99,325.07
|
14
|
$99,325.07
|
$22,464.00
|
5.00%
|
$4,966.25
|
$17,497.75
|
$81,827.32
|
15
|
$81,827.32
|
$22,464.00
|
5.00%
|
$4,091.37
|
$18,372.63
|
$63,454.68
|
16
|
$63,454.68
|
$22,464.00
|
5.00%
|
$3,172.73
|
$19,291.27
|
$44,163.42
|
17
|
$44,163.42
|
$22,464.00
|
5.00%
|
$2,208.17
|
$20,255.83
|
$23,907.59
|
18
|
$23,907.59
|
$22,464.00
|
5.00%
|
$1,195.38
|
$21,268.62
|
$2,638.97
|
19
|
$2,638.97
|
$2,770.92
|
5.00%
|
$131.95
|
$2,638.97
|
$0.00
|
20
|
$0.00
|
$0.00
|
5.00%
|
$0.00
|
$0.00
|
$0.00
|
21
|
$0.00
|
$0.00
|
5.00%
|
$0.00
|
$0.00
|
$0.00
|
True Cost of College
|
$143,431.49
|
$407,122.92
|
| Reference Data | |
| Beginning Balance | $129,817.30 |
| APR | 5 |
| Annual Salary | $39,700.00 |
| Annual Payment | $11,910.00 |
| Year | Beginning Balance | Payment | Interest Rate | Interest Paid | Principal Paid | Ending Balance |
| 1 | $129,817.30 | $11,910.00 | 5.00% | $6,490.87 | $5,419.13 | $124,398.17 |
| 2 | $124,398.17 | $11,910.00 | 5.00% | $6,219.91 | $5,690.09 | $118,708.07 |
| 3 | $118,708.07 | $11,910.00 | 5.00% | $5,935.40 | $5,974.60 | $112,733.48 |
| 4 | $112,733.48 | $11,910.00 | 5.00% | $5,636.67 | $6,273.33 | $106,460.15 |
| 5 | $106,460.15 | $11,910.00 | 5.00% | $5,323.01 | $6,586.99 | $99,873.16 |
| 6 | $99,873.16 | $11,910.00 | 5.00% | $4,993.66 | $6,916.34 | $92,956.82 |
| 7 | $92,956.82 | $11,910.00 | 5.00% | $4,647.84 | $7,262.16 | $85,694.66 |
| 8 | $85,694.66 | $11,910.00 | 5.00% | $4,284.73 | $7,625.27 | $78,069.39 |
| 9 | $78,069.39 | $11,910.00 | 5.00% | $3,903.47 | $8,006.53 | $70,062.86 |
| 10 | $70,062.86 | $11,910.00 | 5.00% | $3,503.14 | $8,406.86 | $61,656.00 |
| 11 | $61,656.00 | $11,910.00 | 5.00% | $3,082.80 | $8,827.20 | $52,828.80 |
| 12 | $52,828.80 | $11,910.00 | 5.00% | $2,641.44 | $9,268.56 | $43,560.24 |
| 13 | $43,560.24 | $11,910.00 | 5.00% | $2,178.01 | $9,731.99 | $33,828.25 |
| 14 | $33,828.25 | $11,910.00 | 5.00% | $1,691.41 | $10,218.59 | $23,609.67 |
| 15 | $23,609.67 | $11,910.00 | 5.00% | $1,180.48 | $10,729.52 | $12,880.15 |
| 16 | $12,880.15 | $11,910.00 | 5.00% | $644.01 | $11,265.99 | $1,614.16 |
| 17 | $1,614.16 | $1,694.87 | 5.00% | $80.71 | $1,614.16 | $0.00 |
| 18 | $0.00 | $0.00 | 5.00% | $0.00 | $0.00 | $0.00 |
| 19 | $0.00 | $0.00 | 5.00% | $0.00 | $0.00 | $0.00 |
| 20 | $0.00 | $0.00 | 5.00% | $0.00 | $0.00 | $0.00 |
| 21 | $0.00 | $0.00 | 5.00% | $0.00 | $0.00 | $0.00 |
| True Cost of College | $62,437.57 | $192,254.87 |
M.Biology (2016)
For a career in marine biology, it would take me 17 years to pay off all of my student loans. The true cost of my college education would be $192,254.87. I would have paid $62,437.57 in interest. For a career in law, it would take me 19 years to pay off all my student loans. The true cost of my college education would be $264,926.04. I would have paid $143,431.49 in interest (see the charts above).
For a career in marine biology, the salary ranges. The minimum salary is $39,700 the max is $124,680 and the median is $70,800. For a career as a lawyer the minimum salary is $74,880 the max is $187,199 and the median is $130,880. By the time I retire, if I am to go into marine biology, I would make $3,874,552. If I go into law, I would make $6,512,444. For marine biology, I would be paying my student loans back one year less than if I went into law but I would be paying more interest. Right now there are 1,300,705 lawyers in the U.S. and only 18,523 marine biologists. The outlook rate is going up for both with lawyers leading with a 10% increase rate and marine biology having a 7% increase.
| Reference Data | |
| Entry-level Salary | $74,880 |
| Mid-level Salary | $130,880 |
| Senior-level Salary | $187,199 |
| Annual Raise (%) | 3.00% |
Career Level
|
# of Working Year
|
Year
|
Annual Salary
|
Entry
|
1
|
2021
|
$39,760
|
Entry
|
2
|
2022
|
$39,772
|
Entry
|
3
|
2023
|
$39,783
|
Entry
|
4
|
2024
|
$39,795=
|
Entry
|
5
|
2025
|
$39,807
|
Mid
|
6
|
2026
|
$71,013
|
Mid
|
7
|
2027
|
$71,034
|
Mid
|
8
|
2028
|
$71,055
|
Mid
|
9
|
2029
|
$71,077
|
Mid
|
10
|
2030
|
$71,098
|
Mid
|
11
|
2031
|
$71,119
|
Mid
|
12
|
2032
|
$71,141
|
Mid
|
13
|
2033
|
$71,162
|
Mid
|
14
|
2034
|
$71,183
|
Mid
|
15
|
2035
|
$71,205
|
Mid
|
16
|
2036
|
$71,226
|
Mid
|
17
|
2037
|
$71,247
|
Mid
|
18
|
2038
|
$71,269
|
Mid
|
19
|
2039
|
$71,290
|
Mid
|
20
|
2040
|
$71,312
|
Mid
|
21
|
2041
|
$71,333
|
Mid
|
22
|
2042
|
$71,354
|
Mid
|
23
|
2043
|
$71,376
|
Mid
|
24
|
2044
|
$71,397
|
Mid
|
25
|
2045
|
$71,419
|
Mid
|
26
|
2046
|
$71,440
|
Mid
|
27
|
2047
|
$71,461
|
Mid
|
28
|
2048
|
$71,483
|
Mid
|
29
|
2049
|
$71,504
|
Mid
|
30
|
2050
|
$71,526
|
Senior
|
31
|
2051
|
$125,996
|
Senior
|
32
|
2052
|
$126,034
|
Senior
|
33
|
2053
|
$126,071
|
Senior
|
34
|
2054
|
$126,109
|
Senior
|
35
|
2055
|
$126,147
|
Senior
|
36
|
2056
|
$126,185
|
Senior
|
37
|
2057
|
$126,223
|
Senior
|
38
|
2058
|
$126,261
|
Senior
|
39
|
2059
|
$126,299
|
Senior
|
40
|
2060
|
$126,336
|
Senior
|
41
|
2061
|
$126,374
|
Senior
|
42
|
2062
|
$126,412
|
Senior
|
43
|
2063
|
$126,450
|
Senior
|
44
|
2064
|
$126,488
|
Senior
|
45
|
2065
|
$126,526
|
Total Lifetime earnings
|
$3,874,552
|
M. Biology (2016)
| Reference Data | |
| Entry-level Salary | $39,700 |
| Mid-level Salary | $70,800 |
| Senior-level Salary | $124,680 |
| Annual Raise (%) | 3.00% |
Career Level
|
# of Working Year
|
Year
|
Annual Salary
|
Entry
|
1
|
2021
|
$74,992
|
Entry
|
2
|
2022
|
$75,015
|
Entry
|
3
|
2023
|
$75,037
|
Entry
|
4
|
2024
|
$75,060
|
Entry
|
5
|
2025
|
$75,082
|
Mid
|
6
|
2026
|
$131,273
|
Mid
|
7
|
2027
|
$131,313
|
Mid
|
8
|
2028
|
$131,352
|
Mid
|
9
|
2029
|
$131,391
|
Mid
|
10
|
2030
|
$131,431
|
Mid
|
11
|
2031
|
$131,470
|
Mid
|
12
|
2032
|
$131,510
|
Mid
|
13
|
2033
|
$131,549
|
Mid
|
14
|
2034
|
$131,589
|
Mid
|
15
|
2035
|
$131,628
|
Mid
|
16
|
2036
|
$131,668
|
Mid
|
17
|
2037
|
$131,707
|
Mid
|
18
|
2038
|
$131,747
|
Mid
|
19
|
2039
|
$131,786
|
Mid
|
20
|
2040
|
$131,826
|
Mid
|
21
|
2041
|
$131,865
|
Mid
|
22
|
2042
|
$131,905
|
Mid
|
23
|
2043
|
$131,944
|
Mid
|
24
|
2044
|
$131,984
|
Mid
|
25
|
2045
|
$132,023
|
Mid
|
26
|
2046
|
$132,063
|
Mid
|
27
|
2047
|
$132,103
|
Mid
|
28
|
2048
|
$132,142
|
Mid
|
29
|
2049
|
$132,182
|
Mid
|
30
|
2050
|
$132,222
|
Senior
|
31
|
2051
|
$189,175
|
Senior
|
32
|
2052
|
$189,231
|
Senior
|
33
|
2053
|
$189,288
|
Senior
|
34
|
2054
|
$189,345
|
Senior
|
35
|
2055
|
$189,402
|
Senior
|
36
|
2056
|
$189,459
|
Senior
|
37
|
2057
|
$189,515
|
Senior
|
38
|
2058
|
$189,572
|
Senior
|
39
|
2059
|
$189,629
|
Senior
|
40
|
2060
|
$189,686
|
Senior
|
41
|
2061
|
$189,743
|
Senior
|
42
|
2062
|
$189,800
|
Senior
|
43
|
2063
|
$189,857
|
Senior
|
44
|
2064
|
$189,914
|
Senior
|
45
|
2065
|
$189,971
|
Total Lifetime earnings
|
$6,512,444
|
Law (2016)
 |
| Supply and Demand MB (2016) |
 |
| Supply and Demand Law (2016) |
I would be in the law industry and the science industry. The future outlook for lawyers is about 10% (projected to grow 6% by 2024). The future outlook for marine biologists is 7% (projected to grow 1.3% each year from 2010-2020). Currently, there is a 0.7% population change in the U.S. Lawyers continue to be needed so there isn’t a drop in that field. The demand for marine biologists has been increasing lately especially for female marine biologists since there are not that many female scientists out there currently. There is an option for both careers for advanced degrees. For law, once you obtain a bachelor’s degree at the 4-year college, you move on to law school and that can range from 3-4 extra years. For marine biology, after the bachelor’s, you can get a PhD or a master’s degree.
Some benefits from these two jobs are:
-Great job
-Something I am super passionate about
-Lots of money
-Great job outlook
-Prestigious colleges
I have decided that it would be most beneficial for me to become a lawyer. Some assumptions I made were that I would get into the school of my choice, get into the law program since it is very competitive, and that I would be able to get a job right out of college. When looking at lawyer, I figured that the mastery I would gain throughout my many years of schooling would make getting the job so much more satisfying because it opens a lot of doors to work with different people on different cases that I am passionate and care a lot about. I realized that a dollar today is worth more tomorrow because the interest rates for paying back students loans changed the price so quickly in just a matter of days. Interest is something that came into play a lot with this project. Based on my graphs, I really had to think about which choice I would be willing to pay for. Another thing that I realized was that Throughout this job search, I realized I really a passionate about a lot of things and the ocean is just one of them and by being a lawyer, I would be able to work on cases for all of the things I am interested in. Interest rates change the price you have to pay back very drastically. College is also extremely expensive but student loans help out with that even though they are a pain to pay back.
__________________________________________________________________________________
Sources:
American Bar Association. "Briefs: Lawyer Demographics, Detroit ADR." Alternatives to the High Cost of Litigation Alt High Cost Litig 4.11 (1986): 6-7. American Bar Association, 2015. Web. 27 Sept. 2016.
Sources:
American Bar Association. "Briefs: Lawyer Demographics, Detroit ADR." Alternatives to the High Cost of Litigation Alt High Cost Litig 4.11 (1986): 6-7. American Bar Association, 2015. Web. 27 Sept. 2016.
Bureau of Labor Statistics. "Summary." U.S. Bureau of Labor Statistics. U.S. Bureau of Labor Statistics, 17 Dec. 2015. Web. 27 Sept. 2016.
"Careers in Marine Biology." - SWFSC. Southwest Fisheries Science Center, 6 Nov. 2015. Web. 27 Sept. 2016.
"Cost of Attendance." - UCSB Office of Financial Aid and Scholarships. University of California, 2015. Web. 27 Sept. 2016.
@exciteonlineedu. "How to Become A Lawyer, Becoming A Lawyer." Excite Education. Mindspark, 2001. Web. 27 Sept. 2016.
"How to Become a Marine Biologist." How to Become a Marine Biologist. N.p., 2016. Web. 27 Sept. 2016.
Mahuron, Sara. "Is It Hard to Find a Job as a Marine Biologist?" Our Everyday Life. StudioD, 2016. Web. 27 Sept. 2016.
"How to Become a Marine Biologist." How to Become a Marine Biologist. N.p., 2016. Web. 27 Sept. 2016.
Mahuron, Sara. "Is It Hard to Find a Job as a Marine Biologist?" Our Everyday Life. StudioD, 2016. Web. 27 Sept. 2016.
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