Does increasing reliance on student loans distort students' career choices?
What will be an ideal response?
Some argue that students who acquire large amounts of debt in college will seek employment options that allow them to pay back loans. If students fail to enter college because the costs are prohibitively high, the problem is solved but society is not welfare enhanced.
You might also like to view...
Refer to Figure 10.1. If the level of real GDP is initially Y2, firms will ________ production until equilibrium is reached at ________
A) increase; Y2 B) decrease; Y2 C) increase; Y1 D) decrease; Y1
The Patient Protection and Affordable Care Act will require
a. health insurers to provide coverage to applicants regardless of prior health conditions. b. all Americans to purchase an approved health insurance policy or pay a tax-penalty for failing to do so. c. employers with more than 50 full-time employees to either provide approved health insurance for their employees or pay a fine for the failure to do so. d. all of the above.