Which method of paying for education is offered to students based on merit? (1 point) Responses credit credit grant grant scholarship scholarship student loan
scholarship
Which method of paying for education is offered to students based on need? (1 point) Responses credit credit grant grant scholarship scholarship student loan
grant
Which term describes the situation faced by people who cannot repay their loans? (1 point) Responses bankruptcy bankruptcy collateral collateral credit credit interest
bankruptcy
In which type of bankruptcy does the individual lose all of their assets? (1 point) Responses Chapter 7 Chapter 7 Chapter 13 Chapter 13 Both chapters 7 and 13 Both chapters 7 and 13 Neither chapters 7 or 13
Chapter 7
What is the amount of money that a person takes in over a specified period of time? (1 point) Responses budget budget credit credit income income expense
