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Potential Market Crash
Essay specific features
Written by:
John C
Date added:
March 16, 2014
Level:
University
Grade:
B
No of pages / words:
1 / 278
Was viewed:
4585 times
Rating of current essay:
Essay content:
It also makes the hold off on starting new business ventures. All of these issues are a possible link to the slow down of the economy.
The reasons are that students use to be able to pay for college by family contributions, work study, their own savings, and grants. Back in 1981, the students could save about two-thirds of their income at a summer job working at minimum wage and be able to pay for a year of public college...
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But minimum wage stayed at a stand still while college tuitions increased. Because of the increase in college tuition, more students started to seek out financial aid. At the beginning, most of the financial aid came in the form of grants and then came the loans. As more and more students went to college the supply and demand became unbalanced...
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