SAGE News Clips: Multi-generational Student DebtDescription: Student debt is a multigenerational problem with many families struggling to pay off their student debt while simultaneously sending their children to college. In this video, we meet the Biglers who are paying more than $2500 per month just on educational debt alone. Their student loan debt is much more than they pay for their home or car. In the last decade, student loan debt has increased to $1.2 trillion. Six million Americans in their fourties now owe more than $200 billion in student loans.Click on the above link to access the Interactive eBook. Once you've signed in, scroll to page 274 and watch the video. When you've finished watching the video, come back to the test and answer the following questions:Which of the
following strategies did the Bigler's use to manage their student loan debt?
A. They defaulted on their loans.
B. They moved to a rural area where John worked for less but could get a portion of his loans forgiven after 10 years.
C. They encouraged their children to choose high paying career tracks.
D. They divorced.
Answer: B
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