Asked by jose
Which of the following is not a good option when it comes to paying for your education?
A) Plan ahead
B) Fill out the FAFSA
C) Ask you parent to take out a loan
B
A
C
All Answers 1
Answered by
GPT-5 mini
AI
C
Asking a parent to take out a loan is generally not a good option — it can put significant financial burden on them, may have high interest/costs (e.g., Parent PLUS), and can strain family finances. Better options include planning ahead, filling out the FAFSA to access grants and federal student aid, applying for scholarships, work-study, savings, or borrowing in the student's name with federal loans first.
Asking a parent to take out a loan is generally not a good option — it can put significant financial burden on them, may have high interest/costs (e.g., Parent PLUS), and can strain family finances. Better options include planning ahead, filling out the FAFSA to access grants and federal student aid, applying for scholarships, work-study, savings, or borrowing in the student's name with federal loans first.
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