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.
The nation's college students set another record for debt in 2015, according to the latest annual report of The Institute for College Access and Success (TICAS). Fully 68% of graduating seniors had student loans, and their average debt load rose 4% over the previous year's record to $30,100. That means the majority of new college graduates are facing monthly student loan payments in excess of $300 a month over the next 10 years. Especially worrisome: 19% of those loans were private debts, which are loans issued by private companies such as banks, instead of the standard student loans issued by the federal government.