International Baccalaureate (IB) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the International Baccalaureate Exam with comprehensive quizzes including multiple choice questions and detailed explanations to boost your confidence. Hone your skills with our expertly crafted materials!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following is not a good option for funding your education?

Filling out the FAFSA
Getting a part-time job
Planning ahead
Asking your parents to take out a loan

The correct answer is: Asking your parents to take out a loan

Taking out a loan is considered a less favorable option for funding education as it can lead to long-term financial obligations and debt, which may not be sustainable after graduation. Utilizing loans often leads to significant repayment challenges, especially if post-graduation income is uncertain or low. In contrast, filling out the FAFSA helps students access federal financial aid, including grants and work-study options, which do not need to be repaid. Getting a part-time job allows students to earn income while gaining work experience, contributing to self-sufficiency and minimizing reliance on loans. Planning ahead encompasses budgeting and exploring scholarship opportunities, both of which can greatly reduce the need for additional borrowing. Each of these methods promotes a more financially sound approach to funding education compared to relying on loans.