QQuestionBusiness Management
QuestionBusiness Management
Which of the following should you consider first when trying to pay for higher education?
A. Scholarships
B. Grants
C. Student loans
D. Personal savings
5 months agoReport content
Answer
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Step 1Let me solve this problem by analyzing each option systematically:
Step 2: Understand the Hierarchy of Funding Sources
When considering how to pay for higher education, financial experts recommend a strategic approach that minimizes long-term debt and maximizes free money opportunities.
Final Answer
Scholarships should be considered first when trying to pay for higher education, as they represent free money awarded based on merit that does not require repayment. Rationale: Scholarships provide financial support without creating future debt, making them the most advantageous funding source for students pursuing higher education.
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