U3 Review

Which of these statements are true?

• On average People with a Master's degree earn nearly twice as much as people with only a high school education

• On average, People with a professional degree earn more than twice as much as people with only a bachelor's degree

  People with a professional degree earn more than twice as much as people with only a bachelor's degree

• on average, People with a doctoral degree are half as likely to be unemployed as people with a bachelor's degree

• on average People with some college education are half as likely to be unemployed as people with only some high school education

Why would a job like a doctor make more then an office assistant?

• There is less of a demand for lower-paid employees

• Travel requirements affect the net income of employees

• Education requirements limit the supply of available employees

• Employers restrict hiring to encourage competition

Which of these is the best way to invest in your own HUMAN capital

• Buy a new set of tools

• Take out a small loan

• Go on vacation

• Develop marketable skills

A white collar job is:

• a professional role that typically takes place in an office setting and involves administrative or managerial tasks, typically paid a salary.

• a job that involves manual labor or skilled trades, and typically doesn't take place in an office setting

A Blue Collar job is:

• a professional role that typically takes place in an office setting and involves administrative or managerial tasks, typically paid a salary.

• a job that involves manual labor or skilled trades, and typically doesn't take place in an office setting

How would you go about expanding your professional network?

• developing realistic goals

• exploring your interest

• Attending a conference related to your field.

• investing in better tools

In the U.S., why is it often considered a good decision to go to college despite it being expensive?

• College graduates always hold higher-paying jobs than high school graduates

• College graduates have higher average lifetime earnings than high school graduates

• Most people don't graduate with student debt

• After paying tuition, students will have a partial ownership stake in a valuable university

Bob decided to not go to college after high-school and instead immediately entered the work force; which of these is not typically an advantage of doing this?

• He gained work expereicne

• He expanded his range of possible job opportunities 

• He learned about an industry

• He started earning money sooner

Which of these is the best form of financial aid?

• Grants/Scholarships

• Work-study

• Federal Loans

• Private Loans

Which of these is the least attractive form of financial aid?

• Grants/Scholarships

• Work-study

• Federal Loans

• Private Loans