Student Loans & Debt

Student Loans & Debt

Assessment

Flashcard

Social Studies, Professional Development

12th Grade

Easy

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20 questions

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1.

FLASHCARD QUESTION

Front

Student loans are .....

Back

must be paid back and almost never forgiven

2.

FLASHCARD QUESTION

Front

You must begin paying back a student loan ...

Back

soon after you graduate

3.

FLASHCARD QUESTION

Front

Those with a college degree, on average, earn thousands of more dollars/year when compared to those with just a HS diploma.

Back

True

4.

FLASHCARD QUESTION

Front

This is the form you must fill out before going to college in order to get aid from the government to pay for college.

Back

FAFSA

5.

FLASHCARD QUESTION

Front

What does it mean when a student loan is "forgiven"?

Back

You don't have to pay back the remainder of your loan debt

6.

FLASHCARD QUESTION

Front

Private student loans have better interest rates than government student loans

Back

False

7.

FLASHCARD QUESTION

Front

A federal student loan is provided by...

Back

US Federal government

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