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The problem I have faced is the high cost of living expressed in the inability to find affordable housing for school, the high cost of school supplies and food. Lack of housing is a trouble because I will likely be homeless, live in an undesirable location, or even defer my studies. The high cost of school supplies implies I will go without, making learning difficult as the library resources are shared. The high cost of food means I eat what I can afford, likely unhealthy, or go without, which puts a strain on my health and learning. Get writing help from nursing expert writers and score better grades.
As an issue, the high cost of living points at societal problems like the increasing cost of tuition, high housing costs, decreasing financial aid, decreasing wages, and economic issues like inflation. High unemployment also contributes to the high cost of living, which means guardians cannot support the students financially or do very little, especially for low and middle-income families.
Globalization affects the high cost of living issue both positively and negatively. In developed countries, globalization is worsening the situation through reduced employment opportunities. Global companies are moving production and manufacturing to countries where cheap labor is available, affecting the workers in developed countries. However, globalization is improving the cost of living in developing countries because of increased opportunities stemming from global companies moving operations where labor and raw materials are readily available. Globalization has also helped people in developing countries to move for better opportunities, improving living conditions and congesting developed countries worsening unemployment and living conditions. Globalization for students also helps provide opportunities for better education. It can contribute to the standardization of wages for skilled labor, implying better pay for individuals and hence better-living conditions. See sweetstudypro.com for more.
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