The Student Debt Crisis: Explained

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Business, Social Studies
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7th - 12th Grade
•
Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a well-educated workforce considered crucial for a nation's economic success?
It is a key determinant of economic success.
It enhances the country's cultural diversity.
It increases the number of available jobs.
It reduces the need for international trade.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries are mentioned as examples of economic success despite limited natural resources?
India and China
South Korea and Japan
USA and Canada
Brazil and Argentina
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant barrier to higher education in the 1960s?
Limited number of universities
Strict government regulations
High tuition fees
Lack of interest in education
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the acceptance rate into tertiary education facilities in the 1960s?
70%
30%
50%
10%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have student loans been perceived as a solution to higher education funding?
They are viewed as unnecessary.
They are considered a fair way to fund education.
They are believed to be outdated.
They are seen as a burden on society.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common argument against taxpayer-funded education?
It benefits only the wealthy.
It places a burden on those who never attended college.
It leads to lower quality education.
It increases unemployment rates.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of the Australian HECS model?
Loans are forgiven after graduation.
Payments start only after earning a certain income.
Education is entirely free for all students.
Students pay upfront for their education.
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