Making Each of the students in the activity below is trying to make decisions about the amount of student loans they will take on in order to get a college degree. Using the facts provided and the recommended tools, help each student make a sound decision about paying for college. Meet Jada: . 110 . To save on room & board, decided to attend local state college and live with her parents. Financial aid offer offers her $5500 per year in Federal loans Expected family contribution (EFC) is $4200 per year Neither she nor her family can afford $4200, yearly, so she plans to take private student loans for that full amount Trying to decide between two career tracks, both of which are offered by her college: Graphic designer, because she's artistic and loves computers Accountant, because she's great at math and she's done job shadowing in this area Uses the directory a' to look up the starting salaries for the positions she is interested in. (For the purpose of this activity, assume lowest salary is starting salary.) O o . 1. How much will Jada owe in student loans by the time she graduates? 2. What's the starting salary for each career? (Tip: For each occupation, go to its page and scroll down to the Job Outlook box for salary information.) 3. If she thinks she'll like both careers equally, which should she consider majoring in, from a student debt perspective? Why? 4. What other facts might she want to look up for each career before making a final decision