Education and Advancement

A plan for a career starting in two years:

• Will give you less opportunities than a career starting right away

• Means that no plans or training are necessary, since the goal is two years away

• Cannot benefit from talking to a counselor or consulting a book

• Will give you more opportunities than a career starting right away

A document showing that you have completed a course of study is called a:

• Resume

• Cover Letter

• Diploma

What is the name of the leading provider of student loans, an organization founded in 1972 as a government sponsored agency, which is now a publicly traded company?

• Freddie Mac

• Sallie Mae

• Ginnie Mae

• FICA

When it comes to thinking about life after high school, which of the following is a good resource person to seek out?

• A friend

• A career counsler

• A psychologist

• None of the above

Which of the following statements is NOT true about internships?

• May be paid or unpaid

• You must be 18 years or older

• Generally shorter in nature than an apprenticeship

• None of the above

True or False: Student loans often don't require you to start paying them back until after you've completed the course(s).

• True

• False

Internships:

• Are always paid

• Can be paid or unpaid

• Can never turn into a paid position

• Always last for one year

When unclear of your career path, you should:

• Travel and see the world until you decide

• Explore your interests, like and dislikes, and determine your aptitude for different types of jobs/careers

• Take some course or two in an area of interest to you

• Both b and c

True or False: It's always better to take a loan from a private bank to pay for your college tuition.

• True

• False

Which of the following is NOT true about Coverdell Education savings accounts?

• Family may contribute up to $2000 per year

• The account earns tax-free returns

• You may use the money in the account at any time during your lifetime

• Family may contribute to the account until the child turns 18