David FLarabee (How to Succeed in School Without Really Learning: the the Credentials

question 103

Essay

David F.Larabee (How to Succeed in School Without Really Learning: The Credentials Race in American Education,1999)discusses the connection between education and one's improved socioeconomic status.He claims that by thinking of education as a primary route to individual advancement,the formal characteristics of education (grades,credits,degrees-ever higher and even more)are given precedence over the substantive property of education-that of actually learning something.What do you think? Discuss,incorporating information from the text and your own personal experiences.

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Definitions:

Double-Declining-Balance Method

An accelerated depreciation method in which an asset's book value is reduced by twice the rate of its straight-line depreciation.

Depreciation Record

Documentation that tracks the reduction in value of an asset over time due to wear and tear.

Residual Value

The anticipated value an asset is expected to retain at the end of its useful life, often used in calculating depreciation.

Service Life

The expected period during which an asset is considered usable and economically feasible for its intended purpose.