Borrowed Future Review

Front

What current private loan company was originally created by the government in the early 1970s but then cut ties with the government in 2004?

Back

Sallie Mae

Front

Mike Rowe stated that somehow, we've got into our heads that a college education is ______.

Back

priceless

Front

More than 2 million students will go to college this year. Out of those students, how many will take out student loans?

Back

1.4 million

Front

Congress has made PRIVATE student loans nearly impossible to discharge, or "wipe clean", even through ______.

Back

bankruptcy

Front

Twelve years after borrowing, the average borrower has only paid off ___ of their student loans.

Back

34%

Front

Studies are showing that it takes the average person _____ years to pay back their student loan debt.

Back

20

Front

Dave Ramsey stated that "most of the mistakes around college are simply college ______."

Back

choice

Front

Only ____ of college graduates have a salaried job within the first year of graduating college. Options: 10%, 20%, 30%, 40%

Back

40%

Front

What was David Wilson's "dream school" or the one he would have liked to attend?

Back

University of Minnesota

Front

Anthony Oneal stated that the problem with this generation is that "you take a _____ approach to an adult decision."

Back

child's