Final answer:
A higher GPA can directly affect a student's ability to afford college through increased chances of receiving merit-based scholarships, improved chances of obtaining a part-time job, and potential for higher earning potential after graduation.
Step-by-step explanation:
The most direct way that GPA can affect a student's ability to afford college is by increasing the likelihood of receiving merit-based scholarships. A higher GPA demonstrates academic achievement and can make a student more competitive for scholarships that are awarded based on academic excellence.
Additionally, a higher GPA can also improve a student's chances of getting a part-time job to help pay for college. Many employers consider GPA as an indicator of a student's work ethic and dedication, making them more likely to hire someone with a higher GPA.
Lastly, a higher GPA can lead to higher earning potential and the ability to repay student loans. Graduating with a higher GPA can open doors to better job opportunities and higher salaries, providing students with a better financial standing to repay their loans after college.