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If you're looking at Parental Plus loans, those scores will have a big impact on your life as well. =(
by ourmandave 8y ago
If you're looking at Parental Plus loans, those scores will have a big impact on your life as well. =(
- tedmiston 8y agoDo you mean that the Parent PLUS loans are directly dependent on test scores or something like lower standardized test scores → less scholarships going into school → more loans?
- ourmandave 8y agoThe latter. The amount of academic scholarship money a few points on the ACT makes is huge when you multiply by 4 (or more) years.
- tedmiston 8y agoThat makes sense but my personal experience is that I was able to obtain substantially more scholarship dollars post-starting college vs anything offered off of high school credentials. I graduated high school at the top of my class (< 1%) and had strong but not super competitive test scores. I went to a public state school so perhaps different for others.