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- Multiple ChoicePlease save your changes before editing any questions.
The amount of student debt the average graduate has is
$1
$3500
$37 500
$43 250
- Multiple ChoicePlease save your changes before editing any questions.
Student loans
are free money
are often forgiven
must be paid back in full
only need to be paid back if you have a job
- Multiple ChoicePlease save your changes before editing any questions.
If you don’t payback a student loan, the government
can take money from your bank account
will not care
will eventually forgive the loan
none of the above
- Multiple ChoicePlease save your changes before editing any questions.
You must begin paying back a student loan
whenever you feel ready.
soon after you graduate
only when you find a job
17 Wednesdays after the official world student loan day
- Multiple ChoicePlease save your changes before editing any questions.
Because of student debt, more and more people are forgoing (postponing)
buying a house
buying a house
starting a family
all of the above
- Multiple ChoicePlease save your changes before editing any questions.
Borrowing money to obtain a certificate, skill, or degree,
is always a bad idea
is always a good idea
can be a good idea when evaluated using a balance of emotion and logic
should be purely based on your passion
- Multiple ChoicePlease save your changes before editing any questions.
When borrowing money, the main goal for obtaining an education should be to
have fun
experience college life
go to the same school as your bestie
improve your future by being able to obtain a good paying job that you are interested in.
- Multiple ChoicePlease save your changes before editing any questions.
When hiring, employers are mostly concerned about
the type of certificate or degree you obtained, your skills, and your grades
which specific college you attended
your hobbies
all of the above
- Multiple ChoicePlease save your changes before editing any questions.
More and more students are taking out student loans because career schools and colleges have become more expensive.
True
False
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Student loans are not taken very seriously by the government and are almost always forgiven.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
One in four people that have student debt are delinquent or in default on their loans.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
A student loan shouldn’t be thought of as an investment tool but instead as money to fulfill a person’s wants and desires
True
False
- Multiple ChoicePlease save your changes before editing any questions.
Your guidance counsellor and college/university fairs at your school provides important financial aid forms and information about student loans, grants, and scholarships.
True
False
- Multiple ChoicePlease save your changes before editing any questions.
To take part of someone’s paycheck because they own money for a student loan.
garnish
steal
default
scholarship
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When you fail to payback a student loan.
garnish
delinquent
default
grant
- Multiple ChoicePlease save your changes before editing any questions.
When a person is late making a payment towards to their student loan
garnish
delinquent
default
forgetful
- Multiple ChoicePlease save your changes before editing any questions.
Considered “free money” to be used to pay for some or all of their college. The money doesn’t need to be paid back.
scholarship and grants
financial aid
bills
tuition
- Multiple ChoicePlease save your changes before editing any questions.This is money you can get to pay for college, which has to be paid back.ScholarhipGrantStudent LoanCollege Savings
- Multiple ChoicePlease save your changes before editing any questions.what are ways to avoid paying or minimizing your student loan debt?obtain Scholarships/ Financial Aid
join debt relief government programs make timely payments on loan/ get a public service job, government or non profit.buy food and forget about itmake more late paymentstake out another loan to pay off that loan - Multiple ChoicePlease save your changes before editing any questions.A majority of students receive student loans/aid to help pay for collegeTrueFalse