| A | B |
|---|
| total estimated student loan debt outstanding | 1 trillion |
| avoid this when it comes to paying for your education | asking parents to take out a loan |
| reading, finding a mentor , surrounding yourself with good people | ways to invest in yourself |
| a student loan is a | tool |
| scholarships are given for | academics, athletics, cultural backgrounds, common interest |
| medical situations, problems with financial aid application, financial situation has changed | reasons to visit your college's financial aid office |
| a primary reason a student drops out of college | financial trouble |
| not recommended when you are cash-flowing your college education | attending an out-of-state college |
| avg student loan repayment time frame | 10 years |
| how many high-paying careers require a four-year college degree | most but NOT ALL |
| fourth financial foundation according to Ramsey is | pay cash for college |
| having student loans casues | lack of freedom, delay in saving money, lack of fleibility |
| percentage of college students that graduate with student loan debt | 66% |
| Pay yourself first by saving, Make it a priority to give, Live on less than you make | basics of budgeting |
| our culture views student loan debt as | normal and acceptable |
| When shopping for the best education option, you should narrow down your choice of colleges to | 3 or less |
| the best quality colleges are NOT always | most expensive |
| If you plan to attend a community college for your first two years, you'll want to work closely with your advisor to make sure that the classes you take | will transfer to your next desired college of choice |
| best way to shop for education is | comparison shopping |
| how many times you must fill out a FASFA during your college education | every year you plan to attend |
| The academic and financial choices you make in the next few years will affect | the next 40 years of your life |
| A form that is completed annually by current and prospective college students to determine their eligibility for financial aid | FASFA |
| A form of financial aid that does not need to be repaid; usually awarded on the basis of academic, athletic, or other achievements | Scholarship |
| A program that allows students to work part time while continuing their studies | work study |
| A form of federal or state financial aid that does not need to be repaid; usually given to students who demonstrate financial need | Grant |
| A two-year government-supported college that offers an associate's degree | Community College |
| Usually a professional trainer serves as the course instructor and uses a combination of hands-on activities and formal classroom training | On-the-job-training |
| Allows students to learn basic professional skills in two years or less; typically cut many of the general courses required by traditional universities | Trade School |
| These may be free or low-cost; found online, at community colleges, or through government-funded programs | Certifications |
| A person that starts his or her own business | Entrepreneur |
| Pay as you go | Cash-flow |
