Pitfalls of Parent Plus Loans (p 37)

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Presentation transcript:

Pitfalls of Parent Plus Loans (p 37) College Tuition Pitfalls of Parent Plus Loans (p 37)

Discussion Questions Is it worth it to borrow money to go to college? Justify your answer. Do you think the federal government should be responsible to help young people afford college, through loans, scholarships and grants? Why or why not?

On the sticky note, write a college you want to attend, or one that you plan on attending. Write what you think the true cost to attend for one year.

Task #1 What makes up a “true cost” of a college? Research what the true cost is for your school How close were you?

Task #2 grants, loans, scholarships, and work-study Research for your assigned: types, sources, benefits, tradeoffs, eligibility criteria, and steps you would need to take to receive that aid. create a list of 3-5 tips, tricks, or things students should be aware of related to this type of aid

Define according to article Pitfalls Exceeding Default Erroneously Distressed Dings skeptical According to the article, what are the pitfalls of Parent Plus loans?