2014International Journal of Pluralism and Economics EducationRequires access

The teaching commons: is student loan debt good or bad debt?

Deborah M. Figart

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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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What this paper is about

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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Available 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.

Key concepts: Student loan, Student debt, Graduation (instrument), Debt, Loan, Participation loan, Non-conforming loan, Variety (cybernetics)

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