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College/Career

Authored by Yunna Bukas

Financial Education

11th Grade

Used 1+ times

College/Career
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31 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is TRUE about the value of a college degree?

A high school graduate can expect to earn about the same as a college graduate

Every college graduate can expect to have a starting salary over $60,000 right after college

A college graduate can expect to earn, on average, more than a high school graduate over a career

A college graduate typically earns less than someone with a high school diploma for the first 10 years

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the formulas below correctly calculates net price?

Sticker price - student loans = net price

Grants and scholarships + student loans = net price

Sticker price - grants and scholarships = net price

Sticker price + grants and scholarships = net price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The center of the Earth is hotter than its surface.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a direct cost of attendance?

Travel expenses

Cell phone bill

Tuition

Food and entertainment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following ways to pay for college is MOST likely to be based on someone’s financial need?

Direct PLUS Loans

Grants

Scholarships

Federal Subsidized Loans

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does it cost to file the FAFSA?

It is free

It is free the first time you file, but costs $9.99/year thereafter

It is 2% of your total loan amount

$50

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

  1. In financial terms, when someone refers to the return on investment for a college education, the return refers to the _________________ and the investment is the _______________________.

Increased earnings from attending college, time spent pursuing your degree

Decreased earnings from attending college, stock market returns

Increased earnings from attending college, cost of your education and the time spent pursuing your degree

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