Dave Ramsey Chp. 7 College Planning- Personal Finance Latest Update Graded A+

Dave Ramsey Chp. 7 College Planning- Personal Finance Latest Update Graded A+ Many high schoolers get so caught up in the idea of the college experience that they don't think critically about . . . How their college choice will affect their financial future Student loans are a type of "good" debt. false Part of making a plan to _____ involves searching for scholarships, saving, and talking with your family about what kind of financial help you'll get. Pay cash for college You can fund your education by finding the right mix of ___, ___, and ___. grants; scholarships; work Ask yourself, "Do I need this ___ for my ___?" before you start applying to schools. degree; career What's a better question to ask instead of, "Where do I want to go to college?" "What do I want do for a career?" It takes the average person _________ to pay off their student loan debt. 20 years Private student loans typically have a higher interest rate than federal student loans. true Getting good grades and scoring well on college entrance exams give you a better chance of ____________. getting a scholarship Since federal funding is often awarded on a first-come, first-served basis, you'll be more likely to get financial help by filling out your FAFSA as soon as possible. true A two-year degree with specialized training, a flexible schedule, and lower educational costs is called a(n) ______________. associate degree Many service industries, including massage therapy, financial services, auto repair, electrical work, and plumbing , don't require four-year degrees. true The first thing you need to do to get intentional about your future is... take debt off the table The average college student in America graduates with ________ in student loan debt. $35,000 FAFSA is the federal application required to . . . receive financial aid To stay extra focused on your debt-free degree goal, you will need to avoid . . . student loans You can save thousands of dollars by spending the first ____ at a(n) _____. Two years; local community college You should figure out what you're passionate about before going to school for a specific field of work. true In-state college tuition is almost always a cheaper option than out-of-state colleges. true Dropping out of college means you don't have to pay your student loans. false When applying for scholarships, you should consider both ____________ and ____________. tuition; school Scholarships are a great way to fund your