Personal Finance Chapter 7 Review

In order to qualify for student aid, a student and his or her parent(s) must complete the ______________ every year the student is in college

A(n) ____________is also referred to as a four-year college degree or an undergraduate degree.

A(n) ___________ is financial aid that’s based on a student’s financial need and doesn’t need to be paid back.

Any formal education after you graduate from high school is referred to as ________________.

On average across the country, the ____________________ is lower for those with a college degree.

________________ typically have lower interest rates than those offered by private lenders.

The first and biggest decision you’ll have to make about going to college is the right way financially is to

. A great alternative to a four-year college—and one that could save you a bunch of money—would be to go

When it comes to financial aid, you definitely want to avoid any and all loans, but you can accept

The student loan crisis in our country is too serious to ignore because, right now, the total student loan debt is