Student Loans

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Macroeconomics 2HH3 - Chapter 1

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The Enlightenment

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Student Loans

Obsitcales

Awarness

Getting students to actively spend and save in a smart manner you can teach them but you can't make them do it

Private Loans

People would still take out private loans leaving them in debt

Schools

getting schools to garuntee a graduation date

Solution

optimize classes

organize classes with consuler to ensure that the graduation date is on time

Pay federal loans directly to the school

Educate

Educate students on the importance of smart spending and saving

Issue

Students need th loans to finish higher education

Misuse of loans

Students spending loan money carelessly

High interest rates

Unable to repay loans

Students in a lot of debt

Unable to afford living costs

moving in back home with parents