THE HIDDEN LOGIC BEHIND STUDENT LOANS

Student loan debt has deservedly become a major political issue in the US, with the total debt burden approaching the impressive figure of $1.6 trillion. The phenomenon has revealed many of the structural problems American society is now attempting to address, with little hope of a viable solution. Aarthi Swaminathan, writing for Yahoo Finance, examines … Continue Reading "The Hidden Logic Behind Student Loans" The post The Hidden Logic ...

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Yahoo PhotoYahoo: Yahoo Inc. is an American multinational internet corporation headquartered in Sunnyvale, California. It is widely known for its web portal, search engine Yahoo Search, and related services, including Yahoo Directory, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Groups, Yahoo Answers, advertising, on
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Finance: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency
Fair: A fair is a gathering of people to display or trade produce or other goods, to parade or display animals and often to enjoy associated carnival or funfair entertainment. It is normally of the essence of a fair that it is temporary some last only an afternoon while others may last as long as ten wee
Student: A student is a learner, or someone who attends an educational institution. In some nations, the English term is reserved for those who attend university, while a schoolchild under the age of eighteen is called a pupil in English , although in the United States a person enrolled in grades K12 is oft
Loans: In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A loan entails the reallocation of the subject asset for a period of time, between the lender and the borrower.
Logic PhotoLogic: Logic has two meanings: first, it describes the use of valid reasoning in some activity second, it names the normative study of reasoning or a branch thereof. In the latter sense, it features most prominently in the subjects of philosophy, mathematics, and computer science.