We are sitting around table - me, my hubby and my daughter. She is convincing us why she wants to study either in Paris or in New York. And, we are explaining how expensive this is....
And, then, I thought why don’t we "Take an Economic View" of the situation. And, there starts our homework. We started evaluating:
Who does not want their children to have the best education, in the best colleges – No one, right!!! But, can we really do this without truly understanding the economics behind it.
And, everyone in the value chain – kept economics in view. Hahaha, that means, we all did the homework:
Created an excel sheet with the colleges and associated costs. We noticed -
The topmost universities in New York, Boston and Paris except one, were
not feasible. Loan amounts were too huge. This last one, also was a bit beyond our
budget, but, feasible via loan. Here again Economics played the role:
Bottom layer of a multi-layered skirt – for portfolio
By Grace of God and her efforts, her application was accepted. And, New York, here we come, living the dream of studying from one of the topmost colleges in the world....
Hope this is one of the best opportunities till now and there are many more to come for you, dear Mehar. Always, apply this Principle - "Take an Economic View" Closing with the quote from Peter Ducker which played a huge role in our decision –
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