Student Loans Quiz

Take this quiz to see how much you know about student loans and how you would do if you had one.

published on April 10, 2014
1/5

You made $3500 working at your summer job. Do you:

a) go to New York with friends
b) put the money towards paying off your $30000 loan
c) go on a shopping spree
2/5

If the bank offered you a $30000 loan would you:

a) ask for $25000
b) take the $30000
c) ask for more
3/5

Your friend invites you out to dinner but you have already ate out this week. You:

a) go out to eat, twice a week isn't too much money
b) go out to eat at an expensive fancy restaurant
c) eat in or reschedule to the next week
4/5

You are now out of University and you are making $700 a month at your new job. You want to pay off your student loan as fast as possible. Should you:

a) don't pay it off, leave it for your parents
b) put down $700 a month
c) put down $200 a month
5/5

Your family has invited you on a big trip, it will cost you $5000 . You have the money but you could also put it down for your still remaining $25000 student loan. You:

a) go on the trip, it will be a good experience
b) don't go and put the money towards your loan
c) offer to pay for your mom and dad as well