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Welcome to College Smarts, the final exam in LFE's Smart Money Certification! As the cost of higher education continues to rise, it’s essential to learn how to reduce expenses and make smarter decisions in the selection process. It’s also crucial to identify — and avoid — the scams and pitfalls that...see morecost students and parents thousands every year. Plus, over 43 million Americans are struggling to repay well over $1.2 trillion in student loan debt. One of the biggest problems is the excess of confusing information available to borrowers, but there are also costly traps to avoid when working with some loan servicers. This exam is designed to pinpoint these and other problems students (and parents) of all ages are facing, and to help SMC candidates master the confusing and complex topics covered in our College Smarts section. As outlined in each exam, read each question carefully; often a simple word can change the entire meaning of the question or answer. Be sure to use the information in the on-demand videos and the links in the SMC Resource Guide to help you answer many of these questions. Good luck! see less
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