Today’s Quiz: Student Loan Default Rates

True or False?  Student loan amounts of under $10,000 are more likely to be paid off than those over $10,000.

 

 

 

Answer:  False. Although it would seem that the lower amount would be easier to pay off, there are other factors involved.

Here’s the link to the complete Washington Post article on student debt. The section titled Myth #2 contains the information used in this quiz.

https://www.washingtonpost.com/outlook/five-myths/five-myths-about-student-debt/2019/05/24/3543bca4-7d81-11e9-a5b3-34f3edf1351e_story.html?utm_term=.f986702c20bb

 

 

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