You are preparing to ask your parents to purchase a car for you before leaving for college. In order to convince them that this is necessary you have prepared a list of the benefits of this purchase and a list of the potential costs associated with this purchase.

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Valentin Foster

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14 March, 16:01

You are preparing to ask your parents to purchase a car for you before leaving for college. In order to convince them that this is necessary you have prepared a list of the benefits of this purchase and a list of the potential costs associated with this purchase.

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Answers (2)

Know the Answer?

Desmond Livingston · Answer 1

Answer:extra costs are insurance, gasoline (fuel), tire balding and choice of new/used car

Laurel Hooper · Answer 2

According to The Institute for College Access and Success, in 2015, the average university student graduated with $28,950 in student loan debt. A 2016 report by Forbes found that the average graduate in 2016 left school with over $37,000 in student loans.

This level of debt holds many people back from getting married, buying a house, or starting a family. There's also a high risk of default; new data from the Brookings Institution estimates that 40% of borrowers will default on their student loans by 2023.