Chapter 7 Lesson 1 The Path to Intentionality

What is one of the main reasons students end up with student loan debt after high school?

• They focus on the exciting parts of college life and forget about the costs.

• They have a clear plan for their future.

• They receive full scholarships.

• They pay cash for their education.

According to the text, what is the total amount of student loan debt in the U.S.?

• $500 billion

• $1.7 trillion

• $2.5 trillion

• $3 trillion

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

• 20%

• 30%

• 40%

• 50%

What is one of the six steps toward intentionality mentioned in the text?

• Take out a student loan

• Dream of the possibilities

• Follow your friends

• Ignore the cost

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

• $5,000

• $10,000

• $15,000

• $20,000

What is one of the Five Foundations mentioned in the text?

• Take out a student loan

• Pay cash for college

• Use credit cards for expenses

• Borrow money from friends

What is a key strategy to reduce the cost of education after high school?

• Use credit cards

• Pay with cash, scholarships, and grants

• Take out multiple loans

• Ignore financial planning

What should students focus on to stand out for scholarships?

• Only academics

• Only extracurriculars

• Both academics and extracurriculars

• Neither academics nor extracurriculars

What is the main message of the quote by Yogi Berra in the text?

• Follow the crowd

• Make a plan for your future

• Ignore your goals

• Focus only on the present

What is the ultimate goal of achieving a debt-free degree according to the text?

• To have a prestigious college name on your resume

• To focus on your future without financial burdens

• To follow your friends to their dream schools

• To take out as many loans as possible