What are the repayment plans for federal student loans?
Data is a collection of facts, such as numbers, words, or measurements, that can be translated into information through an organized system. Information is an organized set of data that can be understood, for example, if data is about temperature averages in California the information might tell us that it is usually warm in the summer and cool in the winter. Knowledge is the understanding of information that can be used to make decisions, such as when to travel based on the weather in California. In summary, there is a difference between data, information and knowledge. Data is simply a collection of facts. Information is the organization of data into a meaningful form. Knowledge is the understanding of information that can be used to make decisions.
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