Which of the following ways to pay for education does not need to be paid back? Select all that apply.

Question

(1 point)
Responses

federal student loans
federal student loans

grants
grants

private student loans
private student loans

scholarships

Which ways of paying for education are sometimes partially subsidized by the government?
(1 point)
Responses

grants
grants

private loans
private loans

scholarships
scholarships

federal loans

Which ways of paying for education must be repaid with interest? Select all that apply.
(1 point)
Responses

grants
grants

private loans
private loans

scholarships
scholarships

federal loans

Which of the following statements best describes the costs and benefits of paying for education? Select all that apply.
(1 point)
Responses

Investing in one’s education may lead to increased lifetime income.
Investing in one’s education may lead to increased lifetime income.

Investing in one’s education rarely leads to increased lifetime income.
Investing in one’s education rarely leads to increased lifetime income.

Spending money on education often leads to debt that must be repaid later.
Spending money on education often leads to debt that must be repaid later.

Spending money on education only makes sense if it can be done without taking on debt.
Spending money on education only makes sense if it can be done without taking on debt.

Consumer goods such as cars or cell phones are better investments than paying for education.

Answer 1

Here are the answers to your questions based on the information provided:

1. Which of the following ways to pay for education does not need to be paid back? Select all that apply.

   • Grants
   • Scholarships

2. Which ways of paying for education are sometimes partially subsidized by the government?

   • Grants
   • Federal loans

3. Which ways of paying for education must be repaid with interest? Select all that apply.

   • Private loans
   • Federal loans

4. Which of the following statements best describes the costs and benefits of paying for education? Select all that apply.

   • Investing in one’s education may lead to increased lifetime income.
   • Spending money on education often leads to debt that must be repaid later.

Feel free to ask if you have any more questions!