Question

Luisa talked with her parents about paying for her college education. Her education is important to all of them, so they are developing a plan together.

Which are good ideas to include in Luisa’s plan? Check all that apply.
Luisa can save some money.
Luisa can apply for financial aid when she graduates from high school.
Luisa’s friends can lend her money.
Luisa’s parents can save some money for her, if possible.
Luisa can wait to save money until she graduates from high school.

Answer 1

Good ideas to include:
- Luisa can save some money.
- Luisa can apply for financial aid when she graduates from high school.
- Luisa’s parents can save some money for her, if possible.

Not good ideas:
- Luisa’s friends can lend her money (borrowing from friends is risky and unreliable).
- Luisa can wait to save money until she graduates from high school (better to start saving as early as possible).

(Also helpful to consider scholarships, grants, part‑time work, and choosing an affordable school/program.)