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.

Repair or Replace?

In class we have been talking about the purchasing process. Now let's take a look at how consumer-product warranties work. Read the WSJ classroom edition article "Repair or Replace" and answer the following questions.

Your Post

1. How do manufactures' Web sites help consumers with product problems and repairs?

2. How can consumers decide if they should have a product repaired by the manufacture?

3. Choose a product that you own and provide a picture of it in your post. Use the Internet to find the manufactures warranty for that product and provide a link to it in your post. Read over the warranty and answer the following questions.

A.) How long does it cover?

B.) If your product needs repair under warranty, how do you do you go about having those made.

C.) Is there an extended warranty available? If so, how much does it cost, and what does is cover?

(source note: the above questions come from the Wall Street Journal classroom edition/teacher guide Jan. 2008)

Stock Market Game Post

Now that we have finished the game lets summarize our investments.

For Most Profitable and Least Profitable stocks provide the following information.

• Company Name and Ticker Symbol
• Picture of Company Logo in your post
• Price Bought At and # of Shares
• Price at the end of the game
• Total Loss or Gain

What was your final ranking and total money left.

Comment on your best stock and worst stock. What was the cause of these stocks going up or down. Give your own opinion.