Sunday, February 24, 2008

Student Debt Soars

Overview
More teens are taking out loans to go to college, and they are borrowing more money than ever before. And a recent survey show that it's not just students from low-income homes that are leaving school deep in educational debt.
Read "Student Debt Soars" article on page 17 of the Wall Street Journal found at the back of the room. and answer the following questions in your own blog.
Questions
  1. Why do students who attend private collegest tend to have less debt than those who attend state universities?
  2. Why might increased college debt encorage students to stay in school to finish their degrees?
  3. Research the college cost reduction and access act, which President Bush signed into law last fall. What does it mean for students borrowing money? What does it mean for lenders? answer this question in a paragraph format.

Include pictures as part of your post.