"Poorer students take out larger loans and will have to contribute more to the cost of higher education"
- Anne Campbell
About this Quote
This quote by Anne Campbell suggests that trainees from lower-income histories are most likely to secure bigger fundings to cover the cost of higher education. This suggests that these trainees will certainly have to add even more of their own money to pay for their education than those from higher-income backgrounds. This can be as a result of the reality that lower-income students might not have accessibility to the very same sources as those from higher-income backgrounds, such as household assistance or scholarships. This might lead to a circumstance where lower-income trainees are most likely to take out bigger finances to cover the price of their education, causing them needing to add even more of their very own cash. This can develop a scenario where lower-income students are more probable to have a hard time to pay off their finances after graduation, leading to a cycle of financial obligation and also financial instability.