WorksheetsBorrowed Future Review
Total questions: 14
Worksheet time: 7mins
What current private loan company was originally created by the government in the early 1970s but then cut ties with the government in 2004?
Navient
Sallie Mae
CitiBank
Mohela
Mike Rowe stated that somehow, we've got into our heads that a college education is ______.
mandatory
not needed
priceless
essential
More than 2 million students will go to college this year. Out of those students, how many will take out student loans?
625,000
1 million
1.4 million
45 million
Congress has made PRIVATE student loans nearly impossible to discharge, or "wipe clean", even through ______.
bankruptcy
job loss
death
health issues
Twelve years after borrowing, the average borrower has only paid off ___ of their student loans.
26%
34%
52%
68%
Studies are showing that it takes the average person _____ years to pay back their student loan debt.
10
15
20
25
Dave Ramsey stated that "most of the mistakes around college are simply college ______."
major
choice
cost
location
Only ____ of college graduates have a salaried job within the first year of graduating college.
10%
20%
30%
40%
What was David Wilson's "dream school" or the one he would have liked to attend?
University of Wisconsin
University of Nebraska
University of Minnesota
Geneva College
Anthony Oneal stated that the problem with this generation is that "you take a _____ approach to an adult decision."
child's
student's
teen's
millennial's
The borrower is slave to the (a) .
David Wilson stated that "as long as you have _____ in an area, you can probably figure out how to make money with it."
expertise
knowledge
skill
ability
What this student loan issue is really about is (a) and being able to decide what you're going to do next.
What did David Wilson sell on his "off days", in addition to his regular job, to make the roughly $13,000 he needed to pay for his senior year of college and graduate debt-free?
Shoes
Cell phones
Lawnmowers
Cars
