Chapter 7 part 2-part 2 retirement and college planning
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What should you never use to save for college?
Insurance, savings accounts, or prepaid bonds.
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What is the average student loan debt among graduating seniors with a four-year degree?
$27,000
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Is debt-free college possible without a large college fund?
Yes, it is possible.
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What type of college should you consider to save money?
In-state community college.
5
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What should you compare when considering college options?
On-campus versus off-campus living.
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What standardized tests can help you aim for scholarships?
SAT and ACT.
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What is a good way to support your college expenses?
Get a job, such as tutoring.
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