Location: Part of the Limbic system, in each temporal lobe. Function: Responsible for processing of long term memory and emotional responses. The hippocampus has a unique shape, similar to that of a horseshoe. It not only assists with the storage of long term memories, but is also responsible for the memory of the location of objects or people. We would not even be able to remember where our house is without the work of the hippocampus.
The average borrower in the college class of 2017 is expected to carry more than $38,000 in student loan debt, which may be accompanied by growing credit card debt, as well as an auto loan and maybe even a mortgage.
Absurd, youâd say, when the prime rate has hovered at 3.25 percent for years. But some students who seek loans in the private market have to pay such exorbitant rates, which is why relying on the private sector for student loans is a dangerous idea. Few deny that we face a student loan crisis in America. Student loan debt has doubled over the past seven years and is now close to $1.3 trillion. About 40 million Americans have an average debt exceeding $27,000, and some end up paying back loans well into their 30s, 40s and even 50s.