The teaching commons: is student loan debt good or bad debt?
Deborah M. Figart
Abstract
Deborah M. Figart
Abstract
There is a dearth of pre-loan and post-loan counselling for undergraduate students using student loans to help finance their higher education. An assignment on student loan debt for undergraduate students, adaptable to a variety of courses, is designed to close the feedback loop between how much a specific higher education degree programme costs, projected salary upon graduation, and how much student loan debt is affordable given those two inputs and financial planning guidelines.
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There is a dearth of pre-loan and post-loan counselling for undergraduate students using student loans to help finance their higher education. An assignment on student loan debt for undergraduate students, adaptable to a variety of courses, is designed to close the feedback loop between how much a specific higher education degree programme costs, projected salary upon graduation, and how much student loan debt is affordable given those two inputs and financial planning guidelines.
Key concepts: Student loan, Student debt, Graduation (instrument), Debt, Loan, Participation loan, Non-conforming loan, Variety (cybernetics)