Unit 4 Quiz - Student Loans
Quiz
•
Business
•
12th Grade
•
Hard
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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