Title: The teaching commons: is student loan debt good or bad debt?

Authors: Deborah M. Figart

Addresses: School of Education, The Richard Stockton College of New Jersey, 101 Vera King Farris Drive, Galloway, NJ 08205, USA

Abstract: There is a dearth of pre-loan and post-loan counselling for undergraduate students using student loans to help finance their higher education. An assignment on student loan debt for undergraduate students, adaptable to a variety of courses, is designed to close the feedback loop between how much a specific higher education degree programme costs, projected salary upon graduation, and how much student loan debt is affordable given those two inputs and financial planning guidelines.

Keywords: economics education; personal finance education; student loans; loan debt; human capital; higher education; student finance; pre-loan counselling; post-loan counselling; undergraduate students; student debt; degree costs; projected salary; affordable debt; financial planning.

DOI: 10.1504/IJPEE.2014.068324

International Journal of Pluralism and Economics Education, 2014 Vol.5 No.4, pp.401 - 406

Published online: 08 Apr 2015 *

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