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Ania Is a Nontraditional Student Starting Classes in a New

Question 44

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Ania is a nontraditional student starting classes in a new field after being laid off from her position as a retail sales manager.She is a wife and mother of two children.She and her husband have not taken out student loans before, and they are concerned about the costs of paying for her schooling while they are trying to save for retirement and their children's schooling on one salary.They have a meager savings account but significant retirement savings and have been contributing to their children's college fund.They also have credit card debt they had been paying off in large lump sums until Ania lost her job.Given Ania's situation, what would be your advice to her in managing the family's financial resources and loan to pay for school? Use at least 5 resources and/or strategies from the chapter to support your answer.

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Answered by Quizplus AI

My advice to Ania would be to carefully ...

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