The document discusses advocating the importance of understanding student debt. It provides survey results showing that 36% of students are funding their education through loans. It then defines student debt as amounts borrowed through pell grants, scholarships, and loans. It advises students to organize paperwork, ask questions of loan providers, and create a budget. Tips include not overspending and being mindful of debt amounts.

1. Advocating the Importance of
Understanding Student Debt

2. My Research:
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My survey monkey results via survey monkey have
brought answers on my fellow classmates' student
debt.
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Students using pell grants in class percentage- 27%
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Students in class in school from scholarships-18%
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Student in school from loans 36%
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Students who worry about how to pay for class54%! It was split between 27% Agreed yes while
27% sometimes
95% of students who have paid books/supplies out
of pocket

3. This speech covers information
beneficial to students in debt.
Preview of Main Points:
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Defining Student Debt
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Making sense of your debt.
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Tips for students in debt.
Specific Purpose Statement: Advocating the
importance of student debt.

4. Educational Website Consultant
According to studentaid.ed.gov an article posted in
2013, and titled Interest Rates & Fees:
“Interest is calculated as a percentage of the unpaid
principle amount.”

5. Defining student debt:
Debt will be accumulated through borrowing the
following:
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Pell grants are defined as money students were
approved to borrow through the government.
Scholarships are defined as money awarded to
academic students, sports students, or others through
means that students earned. This can be awarded but
not a debt.
Loans come into play when pell grants are denied
and you are approved to borrow set amount through
loan providers. Interest rates and fees do apply.

6. How to make sense of this debt
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First step is to organize all the paperwork, and
documents regarding your loans, and grants.
Attempt to think of any and all questions you want
to ask your loan provider. Then write all the
questions down.
Call the loan provider and get your questions
answered!

7. Tips for a student in debt.
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Don't live above your means.
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Do not over borrow money.
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Create a budget to live on, and balance the check
books.

8. Salt-money.org
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Salt-money.org is a nonprofit organization for
students, like myself, in debt.
Click on the money coaching tab for informative
articles for students who are in debt.
Article by Katherine Burns Kingsberry published
2013 is called “3 ways smart people make student
financial decisions.”
Statistic goes as follows, “ Studies show the human
brain experiences the pain of losing money 2.5 times
greater than the joy of gaining money.”

9. Conclusion
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●
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I answered what student debt was, how to make
sense of this debt, and gave tips for a student in
debt.
I hope you leave here today with an eased mind.
Also, I hope this motivates you to be mindful of
your debt.

10. Conclusion
●
●
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I answered what student debt was, how to make
sense of this debt, and gave tips for a student in
debt.
I hope you leave here today with an eased mind.
Also, I hope this motivates you to be mindful of
your debt.