PF: Chapter 7 Lesson 1 The Path to Intentionality

What is one common mistake that students make when thinking about life after high school?

• Focusing on the next experience instead of considering the long-term impact

• Not making a plan for the next step

• Choosing a dream school without considering the cost

• Believing that student loans are a good form of debt

What is the current total amount of student loan debt in the U.S.?

• $1.7 trillion

• $4.4 million

• $392,000

• Over $20,000

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

• 20%

• 60%

• 80%

• 40%

What is the best way to pay for college?

• Taking out student loans

• Paying with cash

• Applying for scholarships

• Using credit or debt

What is the average difference in tuition and fees between four-year public colleges and four-year private colleges?

• Over $1,000

• Over $20,000

• Over $5,000

• Over $10,000

What should students do to stand out when applying for scholarships?

• Focus only on academics

• Avoid applying due to fear of competition

• Apply for scholarships with high monetary value

• Put themselves out there in academics and extracurriculars

What should students consider when choosing their educational route?

• Choose the most prestigious university

• Research the best educational route for their career goals

• Follow what their friends are doing

• Only consider a four-year degree

What is the recommended approach to paying for college?

• Using credit or debt

• Paying with cash, scholarships, and grants

• Taking out student loans

• Ignoring the cost and focusing on the experience

What is the main focus when paying for college?

• Paying off student loans

• Paying for the future

• Paying for the past

• Paying with cash

When should students start investing in their future?

• After college

• Never

• During high school

• After high school