Question

Tara wants to minimize her need for student loans. Identify three factors Tara should consider to minimize her student loans, but still obtain a college degree.

Answer 1

Answer:

Tara should consider colleges with lower expected total costs.

She should consider living at home to avoid room and board costs.

She should create a savings plan.

She should maximize scholarship potential.

Step-by-step explanation:

  Tara should consider colleges with lower total costs, and also consider living in her parents' home to avoid room and board costs, as this would allow her to continue studying on a low budget.

  You should create a savings plan, if you have some money saved, this allows you to earn interest to help pay for your studies.

  You should maximize the potential of the scholarships, learning about all those you can apply to and managing your resources to acquire them.