首页
登录
职称英语
(1) Student loans are based on a simple idea: that a graduate’s future flow
(1) Student loans are based on a simple idea: that a graduate’s future flow
游客
2024-09-09
39
管理
问题
(1) Student loans are based on a simple idea: that a graduate’s future flow of earnings will more than cover the costs of doing a degree. But with unemployment rates in parts of the rich world at post-war highs, that may no longer hold true for many people. The consequences will be felt by everybody.
(2) All over the world student indebtedness is causing problems—witness this month’s violent protests in Chile. In Britain, according to a recent parliamentary report, rising university fees mean that student debt is likely to treble to £70 billion by 2015. But, partly because higher education there is so expensive, the scale of the problem is far greater in America. When the next official estimates of outstanding student debt there are published, it is expected to be close to $1 trillion, higher than credit-card borrowing. Credit quality in other classes of consumer debt has been improving; delinquency rates on student loans are rising.
(3) Many of the anti-Wall Street protesters push the idea of
blanket debt forgiveness
as a solution. But that is the wrong answer. Higher education is not a guarantee of employment, but it improves the odds immensely. Unemployment rates among university graduates stood at 4.4% on average across OECD countries in 2009. People who did not complete secondary school faced unemployment rates of 11.5%. Much of the debt that students are taking on is provided or guaranteed by the government. Imposing write-offs on all taxpayers to benefit those with the best job prospects is unfair; and ripping up contracts between borrowers and private lenders is usually a bad idea.
(4) That said, student-loan systems in America and elsewhere are often badly designed for an extended period of high unemployment. In contrast to the housing crash, the risk from student debt is not of a sudden explosion in losses but of gradual financial suffocation. The pressure needs to be eased.
(5) One option is to change the bankruptcy laws. In America, Britain and elsewhere, these treat student debt as a special case: unlike other forms of debt, it cannot be wiped out. If student debt is not to bound existing graduates and put off future ones, the rules could be changed so that it is dischargeable in bankruptcy. Yet the reasoning behind the current bankruptcy provisions is logical enough; education is an asset that cannot be repossessed and that keeps on benefiting the individual through his or her lifetime. Some worry that graduates would rush to declare bankruptcy, handing losses to taxpayers.
(6) So a second option is preferable. Many countries, America included, have designed student debt primarily as a mortgage-like obligation: it is repaid to a fixed schedule. Other places, like Britain and Australia, make student-loan repayments contingent (依情况而定) on reaching an income threshold so that the prospect of taking on debt is more acceptable to people from poorer backgrounds. That approach makes sense, especially when jobs are scarce. Barack Obama this week proposed to limit loan payments for some struggling American graduates to 10% of discretionary (任意的) income and forgive outstanding debt after 20 years. Income-based repayment ought to become the norm.
(7) Both changes would lead to a repricing of student debt. That would be a bad thing for taxpayers, but a good thing overall. If such information were made public, other useful data would follow—on the average financial returns to graduates of specific subjects, for example. Those studying less profitable subjects would have to pay more, or be subsidized more. It would be a controversial approach, but a more educated one. [br] We can learn from the first two paragraphs that ______.
选项
A、high unemployment rates make it hard for students to get loans
B、rising university fees is a valid way to balance student loans
C、student indebtedness has become an increasingly tricky issue
D、credit quality including student debts has been improved
答案
C
解析
根据文章第一段的内容可知,自二战以来,失业率屡创新高,助学贷款引发的学生债务问题日益严峻,每个人都会感受到它带来的严重后果;第二段具体陈述了各个国家学生的助学贷款问题,由此可知,C项“学生债务已成为一个日益棘手的问题”为正确答案。第一段第二句提到失业率自二战以来创下新高,但并没有说学生因此难以申请到贷款,故排除A项;第二段提到,在英国,高涨的学费意味着学生债务有可能到2015年增至700亿英镑,由此可知,涨学费不能解决学生的债务问题,故排除B项;根据第二段最后一句可知,其他类别的消费者债务的信用质量一直在提高,而学生贷款的拖欠率却在不断攀升,D项陈述错误,故排除。
转载请注明原文地址:http://tihaiku.com/zcyy/3751150.html
相关试题推荐
(l)Insuchachanging,complexsocietyformerlysimplesolutionstoinformat
(l)Insuchachanging,complexsocietyformerlysimplesolutionstoinformat
Whichofthefollowingsentencesexpressesafutureaction?A、Karliscontinually
Inrecentyearsmuchmoreemphasishasbeenput_____developingthestudents’p
Whichoftheunderlinedpartsexpressesafuturetense?A、Susanisalwaysmaking
SavingfortheFuturePurposeofsaving1.Womensavea.fortheirchildren’s
SavingfortheFuturePurposeofsaving1.Womensavea.fortheirchildren’s
SavingfortheFuturePurposeofsaving1.Womensavea.fortheirchildren’s
WhichofthefollowingisINCORRECT?A、Agreatdealofstudents.B、Abitoforang
Studentswith"hot"degreeslikecomputerscienceorfinancearemorelikely
随机试题
“来啦!”她转身蹦着跳着跑了,越过草地,跑上小径,跨上台阶,穿过阳台,进了门廊。"Coming!"Awaysheskimmedoverthelawn
(1)Anoutstandingexampleofsocialconditioningtoacceptchange,evenwhen
垂直双管式散热器热水供暖系统连接散热器的支管设计,以下哪种方法有利于水力平衡?(
以下关于软件生存周期模型的叙述,正确的是()A..在瀑布模型中,前一个阶段的错
脑出血最常见的病因是( )A.高血压 B.先天性脑动脉瘤 C.脑动脉粥样硬
2013年全国水稻种植面积达4.55亿亩,比上年增加260多万亩。但由于强降雨及
某患者,45岁、左下颌体部膨胀4年,生长缓慢,检查见下颌骨畸形,张口受限,左下磨
(2012年真题)对影响资产、负债、损益较大的会计事项予以充分、准确地披露,而对
(2017年真题)某大型国有炼油企业具有较强的研发能力,独特的生产技术和雄厚的技
预应力筋采用镦头锚固时,高强钢丝宜采用()。A.液压冷镦 B.冷冲镦粗 C
最新回复
(
0
)