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20. keiths tuition, room & board, and fees for freshman year total $26,…

Question

  1. keiths tuition, room & board, and fees for freshman year total $26,000. including scholarships, grants, and federal student loans, his financial aid package is $25,500. which option below is both realistic and the most financially responsible? keiths financial aid package covers all of his necessary costs, so there is no need for him to do anything else keith should take out a private loan and limit himself to $8000 in other expenses freshman year keith should pick up a part - time job to cover his remaining costs and personal expenses keith should not attend this college because he cannot afford it

Explanation:

Brief Explanations

First, calculate the remaining cost: $26000 - 25500=500$. Taking on more debt through a private - loan for additional expenses is not financially responsible. Not attending college is extreme. Since there is a small remaining cost, getting a part - time job to cover the remaining costs and personal expenses is a realistic and responsible option. The financial aid does not cover all costs.

Answer:

Keith should pick up a part - time job to cover his remaining costs and personal expenses