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Chapter 7, Problem 1DC3
Summary Introduction

Case summary:

C is recently graduated and has started a new job which pays her $37,500. She has taken a student loan and has a debt as student loan of $27,850. As she would be living on her own as a first year teacher, she is assessing her present and future financial situation.

Characters in the case:

C

Adequate information:

The annual salary of C would be $37,500.

The debt amount is $27,850 that includes both direct subsidized and direct unsubsidized loan.

To discuss:

Difference between direct subsidized and direct unsubsidized loan.

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