The Pros and Cons of Student Loans

(CQ) - TRUE or FALSE > According to the text, student loans are always beneficial.

• TRUE

• FALSE

(CQ) - TRUE or FALSE > According to the text, lenders may offer you student loan money that you don't actually need.

• TRUE

• FALSE

(VQ) - Use the Context Clues to Guess the Meaning of the Underlined Word > States and colleges use the information from your FAFSA to determine your eligibility for financial aid.

• how someone is contacted or informed about something

• how someone is chosen, selected, or allowed to do or get something

• how someone if formally introduced

(VQ) - Use the Context Clues to Guess the Meaning of the Underlined Word > When filling out your FAFSA, you will need to submit personal and financial information of your parent(s) or guardian(s) if you are their dependent.

• You are living on your own without support from your parents or guardians

• You are financially provided for and taken care of by your parents or guardians

(VQ) - Use the Context Clues to Guess the Meaning of the Underlined Word > "The penalties for defaulting on loan payments include added fees, added interest and wage garnishment."

• benefits

• rewards

• punishments

(VQ) - Use the Context Clues to Guess the Meaning of the Underlined Word > "The penalties for defaulting on loan payments include added fees, added interest and wage garnishment."

• to fail to meet your financial payment agreement

• to meet your financial payment agreement

• to overpay on your financial payment agreement

(VQ) - Use the Context Clues to Guess the Meaning of the Underlined Word > "The penalties for defaulting on loan payments include added fees, added interest and wage garnishment."

• money you choose to donate to charity around the holiday season

• money gifted to you to help you meet a financial obligation

• money taken from your paychecks to pay for a financial obligation

(CQ) - Fill in the Blanks with the Correct Words > According to the text, some information you need in order to apply for a student loan includes your bank statements, your tax returns, and your _____ _____ Number. 

• Social Security

• Home Phone

• School ID

(CQ) - Finish the sentence > According to the text, starting your adult life in debt is...

• one benefit to getting student loans.

• one drawback to getting student loans.

• the choice that all adults have to live with.

(CQ) - TRUE or FALSE > According to the text, you should keep a copy of your IEP from high school.

• TRUE

• FALSE