SAGE News Clips: Multigenerational 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 $2,500 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 40s 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 248, 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
statements is true regarding education and the labor market?
A. Education costs are rising, but the labor market is demanding a higher level of education to secure a living wage.
B. Education costs are rising, so the labor market is becoming more tolerant of individuals without a higher degree.
C. Education costs are stagnant, and so too are the educational demands of the labor market.
D. Education costs are decreasing with the advent of the Internet, so the labor market is demanding a higher level of education to secure a living wage.
Answer: A
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