PF: Chapter 7 Lesson 6 Maximize Your Investment

What is one way to cut down on college costs?

• Take CLEP exams

• Choose a college based on its ranking

• Attend a small high school

• Take AP and IB classes in high school

What are Advanced Placement (AP) and International Baccalaureate (IB) classes?

• Tests to earn college credits

• College-level courses offered in high schools

• Dual enrollment classes

• Classes to test out of certain subjects

What should you consider when choosing a college?

• All of the above

• Location and tuition

• Class size and school culture

• College ranking lists

What is the purpose of a net price calculator?

• To compare schools based on completion rate

• To estimate future earnings

• To calculate the true cost of attending a college

• To determine the sticker price of a college

What does completion rate refer to?

• The number of students who take longer than four years to graduate

• The number of students who never graduate

• The number of students who transfer to another college

• The number of students who graduate in four years

Why is it important to consider earning potential when choosing a college?

• To compare schools based on their return on investment

• To make smarter decisions about education expenses

• To calculate the net price of attending a college

• To determine the completion rate of a college

What are the median earnings for bachelor's degree programs at age 35?

• $104,000

• $39,000

• $65,000

• $0

What should be the main factor in choosing a college or program?

• Educational goals, budget, and interests

• Earning potential

• College ranking

• Completion rate

How can you earn college credits while in high school?

• Take AP and IB classes

• All of the above

• Enroll in dual enrollment classes

• Take CLEP exams

What is the purpose of the College-Level Examination Program (CLEP)?

• To assess knowledge and earn college credit

• To provide a ranking system for colleges

• To offer college-level courses in high schools

• To calculate the net price of attending a college