The World of Debt
Learning Objectives
After studying this section, students should be able to:
- Understand and categorize various types of debt
- Identify and describe the different terms associated with a loan
- Sort different kinds of debt in order of annual percentage rate
- Seek out avenues of loan options for trade apprentices
- Recognize different tactics to address multiple debts and list advantages/disadvantages
- Understand strategies to living debt free as a trade worker