California State University
Harvard University
Established originally by the Massachusetts legislature and soon thereafter named for John Harvard (its first benefactor), Harvard is the United States' oldest institution of higher learning, and the Harvard Corporation (formally, the President and Fellows of Harvard College) is its first chartered corporation. Although never formally affiliated with any denomination, the early College primarily trained Congregationalist and Unitarian clergy. Its curriculum and student body were gradually secularized during the 18th century, and by the 19th century Harvard had emerged as the central cultural establishment among Boston elites. Following the American Civil War, President Charles W. Eliot's long tenure (1869–1909) transformed the college and affiliated professional schools into a modern research university; Harvard was a founding member of the Association of American Universities in 1900. James Bryant Conant led the university through the Great Depression and World War II and began to reform the curriculum and liberalize admissions after the war. The undergraduate college became coeducational after its 1977 merger with Radcliffe College.
The University is organized into eleven separate academic units—ten faculties and the Radcliffe Institute for Advanced Study—with campuses throughout the Boston metropolitan area: its 209-acre (85 ha) main campus is centered on Harvard Yard in Cambridge, approximately 3 miles (5 km) northwest of Boston; the business school and athletics facilities, including Harvard Stadium, are located across the Charles River in the Allston neighborhood of Boston and the medical, dental, and public health schools are in the Longwood Medical Area. Harvard has the largest financial endowment of any academic institution in the world, standing at $32.3 billion as of June 2013.
Harvard is a large, highly residential research university. The nominal cost of attendance is high, but the University's large endowment allows it to offer generous financial aid packages. It operates several arts, cultural, and scientific museums, alongside the Harvard Library, which is the world's largest academic and private library system, comprising 79 individual libraries with over 18 million volumes. It has many eminent alumni. Eight U.S. presidents and several foreign heads of state have been graduates. It is also the alma mater of 62 living billionaires and 335 Rhodes Scholars, both the most in the country. To date, some 150 Nobel laureates have been affiliated as students, faculty, or staff. History Harvard was formed in 1636 by vote of the Great and General Court of the Massachusetts Bay Colony. It was initially called "New College" or "the college at New Towne". In 1638, the college became home for North America's first known printing press, carried by the ship John of London. In 1639, the college was renamed Harvard College after deceased clergyman John Harvard, who was an alumnus of the University of Cambridge. He had left the school £779 and his library of some 400 books. The charter creating the Harvard Corporation was granted in 1650. In the early years the College trained many Puritan ministers. The college offered a classic academic course based on the English university model—many leaders in the colony had attended the University of Cambridge—but one consistent with the prevailing Puritan philosophy. The college was never affiliated with any particular denomination, but many of its earliest graduates went on to become clergymen in Congregational and Unitarian churches throughout New England. An early brochure, published in 1643, described the founding of the college as a response to the desire "to advance learning and perpetuate it to posterity, dreading to leave an illiterate ministry to the churches". The leading Boston divine Increase Mather served as president from 1685 to 1701. In 1708, John Leverett became the first president who was not also a clergyman, which marked a turning of the college toward intellectual independence from PuritaniYale University
Stanford University
Leland Stanford and his wife Jane Lathrop Stanford established the Stanford University in 1885. The couple founded the university in the loving memory of their only child Jane Lathrop Stanford, who died in 1884 from typhoid fever. The child was only 15 years old before his death. Situated in Stanford, California, this is a private research university, and one of the world’s most prestigious institutions with the highest undergraduate selectivity and top position in numerous surveys and measures in the US.
Leland Stanford was a former governor and senator from California. He founded the university as coeducational and non-denominational institution. The university was free until 1920. After the demise of the founder and the earthquake, the institution struggled financially in 1906. Following World War II, Provost Frederick Terman supported faculty and graduates entrepreneurialism to build self-sufficient local industry in what would later be known as Silicon Valley. By 1970, Stanford was home to a linear accelerator, and was on f the original four ARPANET nodes, precursor to the Internet.
Situated in northern Silicon Valley near Palo Alto, California, the University’s academic departments are organized into seven schools, with several other holding, such as laboratories and nature reserves, located outside the main campus. It has an area of 8180 acre and it is one of the largest in the United States. This is the first school to raise more than a billion dollars in year, becoming the top fundraising institution. The nominal cost of attendance is high, but the university’s large endowment allows it to offer generous financial aid packages, announcing in 2015 that students with annual family incomes of under $ 125,000 are expected to pay no tuition.
Insurance...why we need it
Human life is full of risks and uncertainty. Each and every step of life is full of risks. We cannot eliminate risk. However, we can make provision for financial security against risk. Insurance is the means to get financial security against risk. Insurance is a way of reducing uncertainty of occurrence of an event. Insurance is an investment, from which we get return only when certain loss occurred from predetermined incident.
Insurance has wide scope and area nowadays. So there is no single definition of insurance. Insurance can be defined from the viewpoints of several disciplines. The definition of insurance cane be expressed from the viewpoints of law, economics, history, sociology and risk theory. However, it is better to define the insurance from common viewpoint. Some of the most important definitions are presented below: • “Insurance is a promise by an insurer to an insured protection or service”
A.H. Mowbray and R.H. Blanchard • “Insurance is simply a co-operative form of distributing a certain risk over a group of persons exposed to it” M.K. Ghosh & A.N.Agrawal • “Insurance may be defined as a social device providing compensation for the effects of misfortune, the payment being made from accumulated contribution of all parties participating in the scheme.” D.S. Hansel • “Insurance is a contract by which one party for compensation called premium assumes particular risk of the other party and promise to pay to him or his nominee a certain sum of money on a specified contingency.” Edwin W. Peterson • “Insurance is a contract in which a sum of money is paid by insured in consideration of the insurer’s incurring the risk of paying a large sum when the given contingency arise. TindalContinuing Education
At times, university students might doubt the usefulness and relevance of higher education. They might feel more concerned towards their families and friends and relatives and would like to avoid pains of university education as it does demand hard work. They could be working and earning money instead of paying fees. Many more arguments can be discussed against higher education. However, the general opinion intuitively favors and values university education. But mere intuition can’t always keep you going. One can give the other following argument in defense of
University education:
I. Higher education opens up job opportunities and tends to raise the income level. Statistics show that the better educated a person is , the higher his income level happens to be. University degrees help employers get promotions faster than others. The same principle applies to nations. Better educated nations, though lacking in natural and other resources, are known to have shown rapid economic growth.
II. An education person is likely to be more aware of problems and challenges and know solutions. He tends to be more rational, tolerant, humble, open-minded and quick thinking and therefore, is better equipped to deal with conflicts and tensions. He has an ideal model of conduct in mind and can resolve difficulties in a rational manner.
III. Another practical advantage of knowledge is that it offers ways to enjoy good health. With all other things being equal, an education person’s health is bound to be better as he recognized the existence of disease and hazards of bad habits and polluted environment. Education also provides greater social mobility and freedom is it enables man to lead a meaningful life and be less vulnerable to stress-related disease.
IV. Exercise of mind is far more important than physical exercise because mind is the seat of thoughts and emotions. It is the most distinctly human portion of human existence. If mind is not kept exercised by education, it is bound to rust away like an unused iron tool and a body that grows clumsy without regular exercise.
V. Another advantage of education is that it is likely to ensure better social respect. An educated person enjoys higher social standing even without wealth whereas an ignorant man, lucky to possess other privileges, is bound to be considered deficient in some ways. Education makes one feel secure and increases one’s self-confidence.
VI. Education and training gives continuity to child-like inquisitiveness which vanishes in most people when they grow up. This curiosity of love of knowledge is blunted due to lack of proper education. And, if we are not curious or inquisitive, we are not so much human. Love of knowledge is a reward in itself. Learning should not be conditioned, as happens in many cultures, as to suit its needs. Education aims at giving joy and not at amassing wealth.
VII. University education offers you a society of scholar and provides a useful setting for satisfying our needs for companionship, personal growth and friendship.
VIII. Higher education helps learners break out of the man-made prison-walls of false religious beliefs and dogmas. Open-minded pursuit of knowledge enables us to get rid of the realm of indoctrination and false certitude considerably. In short it refines our innermost thoughts and desires towards liberalization and perfection.