B.To put forward an idea that college should not be the first choice.
C.To value young people’s further education in colleges.
D.To persuade young people into working after the completion of high school.
You can deposit money in a building society and obtain yearly interest at a certain rate.You can also borrow money from a building society.What, then, is difference between a bank and a building society? In fact, a building society does not seem to be very different from a savings bank.Many people regularly save money by depositing small amounts monthly in a building society, just as other people regularly save money by depositing small amounts monthly in a savings bank.Some people deposit large amounts in a building society as an investment.They receive higher interest than they would receive from a savings bank; their money can be invested either in building society shares or in loans to the society.
These societies are controlled by law, but they are not government organizations.They were originally started to enable people to buy houses.One of their main purposes is to provide loans for buying or building houses.Many people prefer buying a house to paying rent, but some of them cannot afford to buy a house.To cover the cost they borrow the money from a building society.The loan plus the interest is paid back in monthly amounts over an agreed number of years.Probably the payments made in this way are no more than the rent of a rented house.But at the end of the stated period, when the debt is paid, the borrower becomes the owner of the house.To protect the building society from “bad debts” he must sign a statement to say that the house belongs to the society until the debt is paid.
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