TJU Different Types of Loans Students Take in Order to Finance Their Education Discussion


The  Assignment is to understand the problem of rising “Student Loan Debt,” identifying reasons why it is worsening, identify solutions and finally to evaluate the solutions to argue which solutions would be the most effective ones.

Describe the different types of loans students take in order to finance their education.

Describe both government and private loans.
State if there are limits to loan amounts from different sources.

Collect data on student loan debt.

How the total student loan debt has increased over the years?
How has the average burden of student loan changed?
How is the student loan debt distributed by age groups?
What is the distribution of student loan in terms of level of balance?

Examine and interpret the collected data to understand the seriousness of the student loan debt problem.

Explanation & Answer:
5 pages


Credit Unions

Private loans

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