If we pay close attention to our actions and the typical outcomes of those actions it would be evident that there are frequently occurring patterns that develop. And there is a relation between the patterns.
This Loan Cost Model is the second in the series. It takes into account the potential cost of student loans in the case that the student does not manage to graduate college or does not succeed in their career.
The model construction process is actually a balancing loop which endeavors to employ an abstract version of real events to form a model which produces conclusions and behavior which mimic the real events.
When one undertakes to create a model there are a number of guidelines that are considered essential for consideration if there is to be a success with the model.