The rising level of student loan debt in America is a cause of concern for economic policy as a whole because ______.
a. students aren’t always immediately prepared to pay off their loans right out of college
b. when a significant number of students are forced to use a substantially large proportion of their income to pay for high levels of student loans, they are unable to contribute to the economy in other ways
c. states must reallocate financial resources to offset higher tuition costs, resulting in lower revenues
d. more students are forced to stay in college for a longer period in order to avoid having to repay their loans
b. when a significant number of students are forced to use a substantially large proportion of their income to pay for high levels of student loans, they are unable to contribute to the economy in other ways
You might also like to view...
Approximately what percentage of funding for K–12 education comes from the federal government?
a. 3 percent b. 10 percent c. 45 percent d. 85 percent
What two primary factors led to the calling of the constitutional convention?
a. Economic distress and centralized national power b. Centralized national power and inflation c. Oppression by the British government and inflation d. Economic distress and the inability of the existing government to address the problems e. The presence of British soldiers in the colonies and economic distress
The population of the world currently stands at roughly ________.
a. 12 billion people b. 18 billion people c. 8.2 billion people d. 7 billion people
It is highly recommended that you
A) memorize the contents of the appendices. B) skip unimportant information, such as Appendix A. C) explore the website. D) use the website sparingly.