Borrowers Prep for Student Loan Pause to End

Borrowers Prep for Student Loan Pause to End

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the pandemic on student loan holders, highlighting the White House's relief plan that could have canceled $430 billion in debt. It examines the economic challenges faced by borrowers as payments resume, including inflation and increased debt obligations. Statistics from the Department of Education reveal significant student debt among different age groups. The video also explores the economic implications of ending the payment pause, suggesting it could help control inflation. Finally, it questions the fairness and cost-effectiveness of current policies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the other financial obligations that have increased for those with student debt since the pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the research from Mark Goldwein suggest about the economic benefits of ending the payment pause?

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