Wednesday, September 24, 2014

Amelia Vayda, Chapter 7, Question 2

One issue that affects my life is borrowing money from the financial market. One specific issue that mainly relates to me is borrowing money for college tuition. Since I am a senior this year and as I am coming closer to picking a college I have to start thinking about the cost of going to the school. This direct issue is of concern for me because I have to know that my education will get me a job that will allow me to earn enough money to pay back the loan. So, I am taking a risk by borrowing money. If we had to pay for college tuition up front I would never be able to go to college because of the cost. Another time I might need to borrowing money from the financial market could be when I am buying a house or a car.  

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