Which method of paying for education must be repaid? (1 point) Responses grant grant scholarship scholarship student loan student loan work study

Answer 1

student loan

Answer 2

Which method of paying for education is offered to students based on merit? (1 point) Responses credit credit grant grant scholarship scholarship student loan

Answer 3

scholarship

Answer 4

Which method of paying for education is offered to students based on need? (1 point) Responses credit credit grant grant scholarship scholarship student loan

Answer 5

grant

Answer 6

Which term describes the situation faced by people who cannot repay their loans? (1 point) Responses bankruptcy bankruptcy collateral collateral credit credit interest

Answer 7

bankruptcy

Answer 8

In which type of bankruptcy does the individual lose all of their assets? (1 point) Responses Chapter 7 Chapter 7 Chapter 13 Chapter 13 Both chapters 7 and 13 Both chapters 7 and 13 Neither chapters 7 or 13

Answer 9

Chapter 7

Answer 10

What is the amount of money that a person takes in over a specified period of time? (1 point) Responses budget budget credit credit income income expense

Answer 11

income