Unit 4 Quiz - Student Loans

Unit 4 Quiz - Student Loans

12th Grade

10 Qs

quiz-placeholder

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Unit 4 Quiz - Student Loans

Unit 4 Quiz - Student Loans

Assessment

Quiz

Business

12th Grade

Hard

Created by

William Widmer

Used 4+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of unemployment rate?

The percentage of the labor force that's jobless and looking for work

The percentage of the population that's jobless and looking for work

The percentage of the population that's employed and looking for work

The percentage of the labor force that's employed and looking for work

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does postsecondary education refer to?

All education that takes place after high school

All education that takes place during high school

All education that takes place before high school

All education that takes place after college

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bachelor's degree?

A degree from a high school

A degree from a trade school

A graduate degree from a college or university

An undergraduate degree from a college or university

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does it typically take to complete an associate degree?

Six months

Two to three years

Four to five years

One year

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are private student loans?

Loans made by colleges or universities with terms and conditions set by the institution

Loans made by banks, credit unions, or other organizations with terms and conditions set by the lender

Loans made by the government with terms and conditions set by law

Loans made by family or friends with no terms or conditions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are federal student loans?

Loans made by family or friends with no terms or conditions

Loans made by the government with terms and conditions set by law

Loans made by colleges or universities with terms and conditions set by the institution

Loans made by banks, credit unions, or other organizations with terms and conditions set by the lender

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are subsidized loans?

Private student loans that are based on a student's financial need and don't accrue interest for a set period of time

Federal student loans that are based on a student's financial need and don't accrue interest for a set period of time

Federal student loans that aren't based on a student's financial need and start accruing interest immediately

Private student loans that aren't based on a student's financial need and start accruing interest immediately

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