New interactive video offers training for students borrowing to
pay for their education Most people claim student loan debt is
the best type to accrue. But, as unemployment looms, school
enrollment increases and loan amounts increase, so do default
rates. People are beginning to question the value of a high-
priced education. The Imagine America Foundation, a career
education scholarship provider and research organization, seeks
to decrease the student loan default rate by educating students
about responsible borrowing. In March, the Foundation released a
new interactive video tutorial, "Financial Planning Made Simple
(FPMS)," for career college students. Colleges that participate
in the Imagine America scholarship and award programs will be
required to use it as an online training tool. The easy-to-use
interactive video will allow students to choose between either a
male or female avatar to walk them through a variety of
important educational financial decisions. The 18-minute
tutorial will discuss aspects su