"At age 18, students are making some of the most important decisions of their lives: where to attend college, which job to pursue and how much to invest in their future. The choices they make now have the potential to impact them for a lifetime – which is why it’s scary to see that most 17- and 18-year-olds have a 'shockingly low understanding' of student aid, according to a survey from the ACT’s Center for Equity in Learning," FastWeb reports.
"The survey was conducted on 1,200 juniors and seniors who had registered for the ACT test, as reported by NASFAA, and these are the key findings:
In the end, it seemed as if students that were wealthier and had more financial support from family and friends were more educated about and more willing to take on student debt in order to pay for college, according to the survey featured by NASFAA."
NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 7/3/2019