Tuesday, October 19, 2010

Artifact 4

Student loans



A student loan is designed to help students pay for college tuition, books, and living expenses. It differs from other types of loans in that the interest rate is substantially lower and the repayment schedule is deferred while the student is still in school. Most students dont know how bad the dept can get after school if they dont pay it off right away. Interest rates start rising and your dept get higher. I choose this artifact because it shows that attending school for a high education can come with a price.


1 comment:

Doctor X said...

I love it!

A loan that helps in the short term but becomes a burden in the long term--AND tying learning with $$$--what can be more artificial than that?

I think if you explain your choice a bit more, you'll get a wider reaction.