One Tool to Counter the Problem of Student Loan Defaults

question 62

Multiple Choice

One tool to counter the problem of student loan defaults and high student loan payments, proposed by President Obama in 2010, was to expand the policy of

• A)standards-based payments.
• B)income-based repayments.
• C)flat-rate repayment plans.
• D)standardized payment systems.

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Definitions:

Higher Class

A social stratum associated with high status, wealth, and power in a society.

Celebrity

A well-known individual, especially in entertainment or sports, who commands a significant degree of public fascination and influence.

Negative Reinforcement

A behavioral technique in which the removal of an undesirable or unpleasant stimulus following a behavior increases the likelihood of that behavior being repeated.

Wearout

The diminishing returns in effectiveness or impact of an advertisement or message over time due to repeated exposure, leading to boredom or annoyance in the audience.