The RBC says lines of credit for education are popular and the size of loans to students
Question:
The RBC says lines of credit for education are popular and the size of loans to students has been going up as tuition costs have increased. Compared to “good debt” like a mortgage, student loan rates are higher, because the debt is riskier. Financial institutions know that students need help and have created financial-management Web sites and other educational material to help students.
Why would banks create Web sites to educate students about financial management?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics Canada In The Global Environment
ISBN: 9780321931207
9th Edition
Authors: Michael Parkin, Robin Bade
Question Posted: