U7 Fill In

Front

What should you ensure before deciding to attend college?

Back

You should ensure you can afford it.

Front

What percentage of take-home pay can monthly student loan payments take?

Back

Monthly student loan payments can take more than 20% of take-home pay.

Front

How many dollars are given away each year to help students pay for college?

Back

Billions of dollars are given away each year.

Front

What percentage of high school graduates who go to college drop out before graduation?

Back

40% of high school grads who go to college drop out before graduation.

Front

What two factors should you consider when finding a four-year school?

Back

You should consider your budget and goals.

Front

What is a key financial consideration when planning for college?

Back

Understanding the total cost of attendance, including tuition, fees, and living expenses.

Front

What is the importance of scholarships in college funding?

Back

Scholarships can significantly reduce the financial burden of college expenses.

Front

What is a common misconception about student loans?

Back

Many believe that taking out loans is the only way to pay for college, but there are other options like scholarships and grants.

Front

What is the difference between a grant and a loan?

Back

A grant is money that does not have to be repaid, while a loan must be repaid with interest.

Front

Why is it important to have a budget for college expenses?

Back

A budget helps manage finances and avoid excessive debt.