Is student debt a national crisis?

Is student debt a national crisis?
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1 Answer

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Absolutely.
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Related questions

Do you know anything about the debt crisis in the European Union?‎?

Description : Do you know anything about the debt crisis in the European Union?‎?

Last Answer : As long as there are people who are willing to voluntarily or by force be willing to pay somebody else's debts, there is no crisis. The problem occurs when people do not want to be forced ... . Debt does not disappear. It merely gets transferred to somebody else until they refuse to pay it.

Is the debt crisis a real crisis or a manufactured one?

Description : Is the debt crisis a real crisis or a manufactured one?

Last Answer : answer:My opinon: The debt is a real problem; the debt crisis is political grandstanding at its worst. With the analogy of the family with too much debt (I've been there), strategies for less ... in Congress. Not since Dubya represented our fair land have I been so ashamed. Again, my opinion.

What is an "unreasonable" amount of debt for a college student to undertake?

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Last Answer : If he’s on the hook for the debt himself, preferably $0. College education brings tenuous benefits, but if you aren’t sure you can pay it back it might be best to wait until you can pay for it upfront. There is no escaping this debt through bankruptcy.

Will you ever be able to payback your student loan debt?

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Last Answer : I didn't take out loans for college, Thank goodness. I think graduating with debt is just awful. I was very lucky to have parents who could afford to pay for my college, and who always ... government providing higher education for our young adults, the way the system is set up needs so revamping.

What is a good formula for paying back student debt?

Description : What is a good formula for paying back student debt?

Last Answer : Live frugally, don’t assume any new debt, and pay it off as fast as you can. Highest interest first.

So I have an idea to start a program for students in debt with student loans, how can I start this?

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Last Answer : first of all, paragraphs are your friend. it sounds like you want to set up a non-profit agency. You need to file with your state to begin. You must have a plan in place before you file. For ... as a non-profit agency so they can report it as a donation. http://www.usa.gov/Business/Nonprofit.shtml

Is this amount of debt for a graduated student right?

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Last Answer : I think it’s completely absurd for schools to charge that kind of money, but the only way to stop them from doing it is to refuse to pay it. Sorry, dude.

What happens to student loan debt if you immigrate from US to Canada?

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Last Answer : No. US law is not applicable in Canada.

What Are Your Options Regarding Student Loan Debt Forgiveness?

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Last Answer : Millions of Americans are dealing with student loan debt. For most, that debt will linger with them for several years or decades. Although the average student loan debt is somewhere around $25,000, many ... loan debt gets away from you, there are options designed to help you deal with that debt.

Do you know where the US National Debt came from?

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Why not consider a REAL solution to the soaring national debt?

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Last Answer : answer:Time to wipe out ‘civalization’ as we know it and start over methinks. Back to bartering beads and berries. I am self insured now, paying over 15K with a Blue Cross individual plan. I am only 51.Not going to be able to keep this up much longer.

Paying down the National Debt -- here's my thoughts. Any better ideas?

Description : Paying down the National Debt -- here's my thoughts. Any better ideas?

Last Answer : Don’t have time to answer right now, but I thought this article by Scott Adams (the Dilbert guy) was pretty interesting.

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Last Answer : Americas empire is crumbling and the world may soon be safer without their constant warmongering.

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Last Answer : Source, please.

Is U.S. National Debt More Dangerous Today?

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Last Answer : answer:First, I'd be curious as to which economists have said this. If they mean it seriously, they are worthy of mocking. I did Google the phrase before I asked this answer-question, of course, ... because someone says it doesn't mean it's factual. This goes for economists just like anyone else.

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Last Answer : answer:Odious debt Maybe that will take the edge off.

Is our National Debt like a ticking time-bomb? If so, what will cause the bomb to detonate, and what happens when it does?

Description : Is our National Debt like a ticking time-bomb? If so, what will cause the bomb to detonate, and what happens when it does?

Last Answer : answer:No biggie. We just nationalize all our assets and renege on all our debts Poof! All gone.

What is the interest rate that we pay on the national debt?

Description : What is the interest rate that we pay on the national debt?

Last Answer : By my calculations, it’s generally around 4.7% every year (I could have calculated this wrong). Check out these pages: Historical debt outstanding Interest expense on the debt outstanding

Why does any unappropriated money from the national budget go into the Congress retirement fund instead of paying down the national debt?

Description : Why does any unappropriated money from the national budget go into the Congress retirement fund instead of paying down the national debt?

Last Answer : Sounds bogus to me. Source?

National Debt...

Description : National Debt...

Last Answer : I think Clinton came pretty darn close, so it is possible and probably more rapidly than one would think. Edit whoops I think I am way wrong based on some quick research. I thought he had come close, but I ... looked a round a bit. I guess the memory starts to go after 48 And we used the same link!

How much will national debt clocks help raise the awareness about the astronomical proportions of public debt?

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Last Answer : Nobody will give a fuck. We all know but people don’t really care. Look at Bush. It skyrocketed under his watch and nobody cared. It is only a big deal when you don’t like the guy in charge. I have gas in my car and the TV still works. Fuck it. Life is good.

If we paid off the $10 trillion national debt, would there be no more money left?

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Last Answer : you know i really dont know, my question is how do we just make money? why can the government just create money out of thin air? Dosent that make the US dollar worth less. Stupid government and rich people.

How will the national debt turn out?

Description : Can someone please write me what's next? I see that the debt is growing by about CZK 3,000 / second. STATISTICS. Will we all have to pay for it one day? Can the state want it for us? Or ... clear to me why it increases so much, is it interest? Or do we still borrow something? thank you for answer

Last Answer : Every state can go bankrupt. We will have to pay the debt once with all high taxes and we will receive bad services from the state (for example, authorities only in regional cities, etc.). The state borrows in huge amounts (in billions) interest and other loans)

How did the government try to manage the sky rocketing national debt?

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Last Answer : By selling bonds

In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Description : In 2012 the US owed about 16 trillion in debt. The interest rate on the national debt is about 1 per year. How much interest does the US pay each year on its national debt?

Last Answer : Feel Free to Answer

What if your teacher has asked you to write a report on the history of social programs in the US and their influence on the national debt. Which topic would be best to reference in your paper?

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What were three features of Alexander Hamilton and plan to lower the national debt and strengthen the country?

Description : What were three features of Alexander Hamilton and plan to lower the national debt and strengthen the country?

Last Answer : What is the answer ?

When Jefferson came to office what steps did he take to lower national debt?

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Last Answer : He streamlined the bureaucracy and increased the sales offederal land.-Novanet

What is the total for the national debt in the United States?

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Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994 ? (A) Bombay Stock Exchange (B) Delhi Stock Exchange (C) National Stock Exchange (D) Jaipur Stock Exchange

Description : Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994 ? (A) Bombay Stock Exchange (B) Delhi Stock Exchange (C) National Stock Exchange (D) Jaipur Stock Exchange

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Which of the following is not viewed as national debt? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

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Last Answer : (1) Life Insurance Policies Explanation: Government debt (also known as public debt, national debt) is the debt owed by a central government. Government debt is one method of financing ... directly from a supranational organization (e.g. the World Bank) or international financial institutions.

Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Description : Interest on public debt is a part of : (1) transfer payments by the enterprises (2) transfer payments by the Govt. (3) national income (4) interest payments by households

Last Answer : (2) transfer payments by the Govt. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These ... interest on public debt, social security, and government making subsidies for certain businesses (firms).

Which of the following is not considered as National Debt? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Description : Which of the following is not considered as National Debt? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Last Answer : (3) Insurance Policies Explanation: Government debt is the debt owed by a central government. Governments usually borrow by issuing securities, government bonds and bills. Government Bonds are often ... as the policyholder, which determines the claims which the insurer is legally required to pay.

A part of National Debt known as External Debt is the amount - (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Description : A part of National Debt known as External Debt is the amount - (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : (3) borrowed by its government from abroad Explanation: External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. ... governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.

Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households

Description : Interest on public, debt is part of - (1) Transfer payments by the enterprises (2) Transfer payments by the government. (3) National income (4) Interest payments by households

Last Answer : (2) Transfer payments by the government. Explanation: In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments ... central government. In the budget, it is listed among the transfer payments by the government.

Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world’s largest. (C) The US economy is shaped by the country’s huge natural resources, well developed infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Description : Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world's largest. (C) The US economy is shaped by the country's ... infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Last Answer : (D) The USA is the largest exporter and importer of goods in the world. 

In general, deficit financing can create inflation, but it can be checked if. A) Government expenditure increases the aggregate supply in the aggregate demand ratio B) All the investment is indicated as payment on national debt only C) Only aggregate demand is increased D) All of the above

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Last Answer : Answer: D

A part of National Debt known as External Debt is the amount (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Description : A part of National Debt known as External Debt is the amount (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : borrowed by its government from abroad

Which of the following is not considered as National Debt ? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Description : Which of the following is not considered as National Debt ? (1) National Savings Certificates (2) Long-term Government Bonds (3) Insurance Policies (4) Provident Fund

Last Answer :  Insurance Policies

Which of the following is not viewed as national debt ? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Description : Which of the following is not viewed as national debt ? (1) Life Insurance Policies (2) Long-term Government Bonds (3) National Savings Certificates (4) Provident Fund

Last Answer : Life Insurance Policies

The National Educational Policy of 1979, recommended also about the public schools Options: A) their uniquencies and traditions have to preserved the interests of the best talents of the country B) they should be brought under laws and regulations of the government public education system C) they must be allowed the autonomy that was bestowed on the by the past system of education D) suitable ratio has to be maintained for admission of middle class and poor student also.

Description : The National Educational Policy of 1979, recommended also about the public schools Options: A) their uniquencies and traditions have to preserved the interests of the best talents of the country B) they ... D) suitable ratio has to be maintained for admission of middle class and poor student also.

Last Answer : D) suitable ratio has to be maintained for admission of middle class and poor student also.

In which of the following cases, the principle of natural justice (Hear the other party) must be followed ? (a) Dismissal of an employee (b) Supersession of a municipality (c) Threat to national security (d) Disciplinary action against a student or an employee Select the correct answer from the codes given below : Codes : (A) (a) and (b) (B) (a) and (d) (C) (a), (b) and (d) (D) (a), (b), (c) and (d)

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Last Answer : Answer: C 

The recommendation of National Knowledge Commission for the establishment of 1500 Universities is to (A) create more teaching jobs (B) ensure increase in student enrolment in higher education (C) replace or substitute the privately managed higher education institutions by pu blic institutions (D) enable increased movement of students from rural areas to urban areas

Description : The recommendation of National Knowledge Commission for the establishment of 1500 Universities is to (A) create more teaching jobs (B) ensure increase in student enrolment in higher education (C) ... pu blic institutions (D) enable increased movement of students from rural areas to urban areas

Last Answer : Answer: B Na tional Knowledge Commission of the Government of India on Higher Education lays down certain guidelines for the betterment of the system. The NK C recommendations on higher education ... sector in the country, and providing access to higher education for larger numbers of students. 

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While the eyes of the world are the growing crisis that apparently askreddit has decided must not be named, what entities are trying to figure out how to take advantage of the situation?

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