Personal Financial Planning Term Paper by cee-cee

Personal Financial Planning
This paper discusses personal financial planning issues concentrating on the subject of student debt.
# 109400 | 1,467 words | 11 sources | APA | 2008 | US

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In this article, the writer focuses on student debt, concentrating on the types of debt incurred by students. The writer looks at the overall level of student debt and discusses how students can plan and manage their debt. This paper deals with each type of debt in turn: publicly-financed student debt related to tuition, privately-financed student debt related to studies, and personal debt, primarily credit cards. The writer notes that each category has a specific type of repayment needed, and a different payment period. The writer concludes that a student should regard him/herself as an asset, and make some financial assumptions about how much he/she will earn in the future, and what his/her debt capacity is at present.

Table 1: Average Student Debt
Supporting College Tuition
Personal Debt
Private Student Loans
Income and Saving: The Forgotten Part of Personal Financial Planning

Sample of Sources Used:

  • AP. (2002, October 4). College Costs Push Americans to Canada. CNN , p. n.p.
  • Bitti, M. T. (2007). Student Debt. Retrieved November 19, 2007, from Reader's Digest Canada:
  • Block, S. (2006, February 22). Students suffocate under tens of thousands in loans. USA Today , p. n.p.
  • Carnahan, I. (2003, August 11 ). Pay Now, Learn Later. Forbes , p. n.p.
  • Day, J. C. (2002). The Big Payoff: Educational Attainment and Synthetic Estimates of Life-Work Earnings. Washington: US Census Bureau.

Cite this Term Paper:

APA Format

Personal Financial Planning (2008, November 30) Retrieved January 27, 2023, from

MLA Format

"Personal Financial Planning" 30 November 2008. Web. 27 January. 2023. <>