Test
SOCIAL PROBLEMS MIDTERM
Crea una cuenta gratis para terminar este test
Guarda tu progreso y consulta tu resultado final.
¿Ya tienes cuenta? Inicia sesión
Preguntas del test (25)
1Credit was seen as a good thing in the early years of the U.S.
- AVerdadero
- BFalso
2Good debt is Farming loans.
- AVerdadero
- BFalso
3Good debit is women buying sewing machines on credit.
- AVerdadero
- BFalso
4Access to credit cards changed in 1980 because courts ended usury laws that limited interest rates and fees/penalties.
- AVerdadero
- BFalso
5Revolving credit was not part of the changes in the 80's.
- AVerdadero
- BFalso
6How credit availability affects low income already in debt?
- ACash advances, shrinking in wages
- BTrips are easier to take
- CClothes are easier to buy
- DIdk?
7What Best family members went to college?
- AFather
- BJoel
- CEric
- DGrandfather
8Which Best family member had to pay for grad school on student loans?
- AJoel
- BGrandfather
- CFather
- DEric
9Student Loans are created by the loan programs try to solve one problem with another.
- AVerdadero
- BFalso
10What are the assumptions that guide student loan programs?
- AWe should encourage college education; the more the better
- BGraduates benefits from college and so should pay for it
- CLoans should go to students at any college
- DAll students should have access to loans
- EStudents loans help the government and the student.
11Individualist means an education benefits the society.
- AVerdadero
- BFalso
12The first mess was the the mess of the "deadbeats"
- AVerdadero
- BFalso
13NDEA gets students to pay for loans.
- AVerdadero
- BFalso
14HEA buys loans from banks to give them cash, and resells loans as investments.
- AVerdadero
- BFalso
15Second loan mess was defined as the "deadbeats"
- AVerdadero
- BFalso
16What are the social trends of the second mess?
- AGuarantee loans
- BMore students taking out loans
- CInflation --> higher tuition
- DLoans are free
17Why did lower income students more likely defaulted on their loans?
- ANeeded larger loans
- BWanted to buy more things for school
- Cless prepared for college
- Didk
18How did growing loans affect the intergenerational compact and tuition public and private colleges?
- AWill get loan and parents would invest their savings
- BLoans are available and should be used.
- CStates pay similar share of costs to public
- DPrivate colleges assume they can get loans
19Third mess was defined as "crushing debt"
- AVerdadero
- BFalso
20Common concerns related to crushing debt
- AStudents don't want to pay
- BPoorer students have higher debt burden
- CScholarship shrink, tuition grows, borrowing rises
- DMany proposals to lift debt burden, but few adopted by government.
21Bush wanted to decrease interest rates
- AVerdadero
- BFalso
22Obama increase direct loans to reduce administrative costs and fund pay as you earn
- AVerdadero
- BFalso
23Author's said both have small effects on debt burden and ignore underlying trends
- AVerdadero
- BFalso
24Financial bubble occurs when people pa higher prices for good expecting the price will rise.
- AVerdadero
- BFalso
25Why some people think for-profit colleges will generate a student bubble?
- Ahigher risks of students going into more debt with less likeliness to pay
- Bcolleges encourage student debt
- Cfocus on profit colleges
- Dless likely to get high paying job
Información
- Descripción
- Test sobre SOCIAL PROBLEMS MIDTERM, creado por Florezg el 09/07/2015.
- Autor
- Florezg
- Idioma
- English
- Visitas
- 1
- Valoración
- Aún sin valoraciones Valora este test