The Default Rate Actually Drops as the Amount Borrowed Increases

question 14

True/False

The default rate actually drops as the amount borrowed increases, that is, default rates are highest among those with the smallest student loan debts.

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Definitions:

Antipsychotic Drugs

Drugs that help correct grossly confused or distorted thinking.

Mental Disorders

Health conditions characterized by significant changes in thinking, emotion, or behavior, associated with distress and impaired functioning.

Hospitalized

The act of admitting an individual to a hospital for treatment, observation, or other medical care.

Violent Behavior

Actions that involve force with the intent to injure, damage, or kill.