Manhattan Institute's Akers on Tackling Student Debt

Manhattan Institute's Akers on Tackling Student Debt

Assessment

Interactive Video

Business

University

Hard

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The video discusses the national debate on student loan cancellation, highlighting its appeal to young graduates but questioning its policy sense due to its regressive nature. It emphasizes the economic benefits of college degrees and the affordability of student debt for most borrowers. The discussion also covers the different scenarios faced by borrowers, noting that those with smaller debts often struggle more than those with larger debts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of student loan cancellation on taxpayers and the economy.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated rate of return on both associates and bachelor's degrees according to economists?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the typical percentage of income that borrowers are spending on repaying their student loans each month?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two different camps of borrowers mentioned in the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain why the highest rates of default are seen among people with less than $5000 in student debt.

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