Invest in What's Next Review

The largest category in your budget is likely to be

• Food

• Transportation

• Housing

• Entertainment

How does education level impact income?

• Less education leads to a higher income because you don't have to pay for college.

• There is no relationship between income and education level.

• The higher the education level, the higher median earnings.

What is the relationship between unemployment levels and education level? (Choose 2 correct answers)

• Higher unemployment levels are correlated with higher education levels.

• There is a positive correlation between unemployment rates and education level.

• There is a negative correlation between unemployment rates and education level.

• Higher unemployment levels are correlated with lower education levels.

Generally takes the least amount of time to get; focused on career education.

• Certificate

• Associate's Degree

• Bachelor's Degree

• Master's Degree

Usually takes 2 years; obtained through a community college; focused on career education.

• Certificate

• Associate's Degree

• Bachelor's Degree

• Master's Degree

A four-year degree through a college or university

• Certificate

• Associate's Degree

• Bachelor's Degree

• Master's Degree

Many professions like psychology and social work and counseling require a more advanced degree than a bachelor's degree. What is that degree called?

• Certificate

• Associate's Degree

• Bachelor's Degree

• Master's Degree

Which of these is the LEAST expensive college in general?

• Public In-State

• Public Out of State

• Private Non-Profit

• Private For-Profit

Which of these may cause you to take longer to complete your educational program?

• Personal Savings

• Family Contributions

• Student Loans

• Grants and Scholarships

• Personal Income from Working

If you INCREASE the term of any loan, you end up doing what? (Choose 2 correct answers)

• Paying less in total

• Paying a higher monthly payment

• Paying a higher interest rate

• Paying a lower monthly payment

• Paying more in total