Income and Education

Front

How would a person’s decision to quit high school most likely affect future earnings?

Back

It would reduce future earnings.

Front

What should a college student do with their wages from a summer job to financially prepare for college?

Back

She should invest her money in a savings account to use for her college tuition and books.

Front

Individuals with higher levels of education are more likely to have higher earnings and lower rates of unemployment.

Back

True

Front

Which of the following is an example of recognizing military service as a financial support of attending college? Options: Pell Grant, Scholarship, GI Bill

Back

GI Bill

Front

True or False: Jobs that require post-secondary education or training usually offer more financial stability.

Back

True

Front

True or False: Earning a degree or certification can lead to a person getting a job with a higher starting wage.

Back

True

Front

How would a person’s decision to quit high school most likely affect future earnings?

Back

It would reduce future earnings.

Front

How will the decision to seek a higher degree affect your future earnings?

Back

It increases the amount of potential income in a household.

Front

How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual?

Back

It creates less debt from tuition and the ability to enter the workforce sooner.

Front

How can enlisting in the military potentially benefit a person’s financial future?

Back

Enlistment provides grants and loans to help pay for community college or university tuition.