Asked by Jacob

You must go to a prestigious school in order for employers to recognize your talents and strengths.
False
True
Which of the following is not a good option when it comes to paying for your education?
Get a part-time job
Ask your parents to take out a loan
Fill out the FAFSA
Plan ahead
A form of financial aid that does not need to be repaid; usually awarded on the basis of academic, athletic or other achievements
Scholarship
Grant
Which of the following statements about college financial aid is false?
Scholarships are only for the highest academic achievers.
The Free Application for Federal Student Aid (FAFSA) is the first step to receiving any kind of financial aid.
Grants are free money.
Many businesses have scholarships for employeesʹ children.
When shopping for the best education option, you should narrow down your choice of colleges to 10 schools or less.
False
True
A four-year degree is necessary regardless of which career youʹre entering.
True
False
Which of the following is not one of the basics of budgeting?
Live on less than you make
Make it a priority to give
Stick to your budget unless something unexpected happens
Pay yourself first by saving
Allows students to learn basic professional skills in two years or less; typically cut out many of the general courses required by traditional universities
Self-education
Trade school
Pay as you go.
Cash-flow
Borrow
You’ll only need to complete the FAFSA once during your college education.
False
True
The best quality colleges are always the most expensive.
False
True
Percentage of college students that graduate with student loans:
25%
30%
66%
90%
Which of the following statements is false?
Students who are looking to learn specific skills can look into free or low -cost certifications found online, at community colleges, or through government-funded programs.
All high-paying careers require a four-year college degree.
An associate’s degree is a two-year degree that can offer specialized training and a flexible schedule that allows you to work while you earn your degree.
On-the-job training often combines a professional trainer, hands -on activities and formal classroom training.
The academic and financial choices you make in the next few years will affect the next 40 years of your life.
False
True
A program that allows students to work part time while continuing their studies
Overtime
Work study
Our culture thinks student loan debt is normal and that it’s an acceptable way to pay for college.
False
True
These may be free or low-cost; found online, at community colleges, or through government-funded programs
Certifications
Associate's Degree
A form that is completed annually by current and prospective college students to determine their eligibility for financial aid
FAFSA
FOS
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 four-year school of choice.
False
True
A person that starts his or her own business
Advisor
Entrepreneur
A two-year government-supported college that offers an associate’s degree
Community college
Trade school
Which of the following statements is false?
Millions of people can’t afford to make their student loan payment every month.
A student loan is an award.
Debt is owing anything to anyone for any reason.
Our culture accepts student loan debt as normal and sometimes even refers to it as good debt.
The average repayment period for a student loan is:
10 years
20 years
5 years
15 years
The average millionaire reads one nonfiction book a month.
False
True

All Answers 1

Answered by GPT-5 mini AI
1. False

2. Ask your parents to take out a loan

3. Scholarship

4. Scholarships are only for the highest academic achievers. (False)

5. True

6. False

7. Make it a priority to give

8. Trade school

9. Cash-flow

10. False

11. False

12. 66%

13. All high-paying careers require a four-year college degree. (False)

14. True

15. Work study

16. True

17. Certifications

18. FAFSA

19. True

20. Entrepreneur

21. Community college

22. A student loan is an award. (False)

23. 10 years

24. True