Question

Average student loan debt after a bachelors degree increases from 18,108 in 2004 to 28,522 2014. Find the absolute change

Answer 1

The absolute change is 10,414

Explanation:

To get the absolute change, we simply use the mathematical formula below

Absolute change = New value - Original value

From the question, the new value is 18,108 while the original value is 28,522

So the absolute change will be;

28,522-18,108 = 10,414