The National Student Loan Survey asked the student loanborrowers in their sample about attitudes toward debt. Below aresome of the questions they asked, with the percent who responded ina particular way. Assume that the sample size is 1260 for all thesequestions. Compute a 95% confidence interval for each of thequestions, and write a short report about what student loanborrowers think about their debt. (Round your answers to threedecimal places.)

(a) "To what extent do you feel burdened by your studentloan payments?" 56.9% said they felt burdened.

( _____ , ______ )

  ,

(b) "If you could begin again, taking into account yourcurrent experience, what would you borrow?" 55.2% said they wouldborrow less.

(_____ , ______ )

   

(c) "Since leaving school, my education loans have notcaused me more financial hardship than I had anticipated at thetime I took out the loans." 33.5% disagreed.

( ____ , _____ )

(d) "Making loan payments is unpleasant but I know that thebenefits of education loans are worth it." 58.4%agreed.

( ____ , _____ )

(e) "I am satisfied that the education I invested inwith my student loan(s) was worth the investment for careeropportunities." 58.6% agreed.

( _____ , _____ )

  , (f) "I am satisfied that the education Iinvested in with my student loan(s) was worth the investment forpersonal growth." 70.6% agreed.

( ____ , _____ )

,
Conclusion

____While many feel that loans are a burden and wish they hadborrowed less, a minority are satisfied with their education.

____While many feel that loans are a burden and wish they hadborrowed less, a majority are satisfied with their education.

____While a minority feel that loans are a burden and wish theyhad borrowed more, a minority are satisfied with theireducation.

____While a minority feel that loans are a burden and wish theyhad borrowed more, a majority are satisfied with their educatio

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