Question
When determining how much money to borrow in loans to pay for your
higher education, which of the following items should not be considered?
• The number of years that you will be in school.
The amount you will still need after financial aid is awarded.
The interest rate of the loan.
• The amount of money that your family can contribute each year.
Answer
None of the items should be excluded when determining how much money to borrow in loans for higher education.