EVERFI: Education ROI
Authored by Samantha Isaacs
Other
11th Grade
Used 27+ times
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About
This quiz focuses on the return on investment (ROI) for higher education, specifically examining the financial considerations students must evaluate when pursuing post-secondary education. Appropriate for 11th grade students, the assessment covers essential personal finance concepts including calculating educational ROI, understanding total cost of attendance, and analyzing the relationship between education levels and earning potential. Students need to understand basic economic principles such as cost-benefit analysis, the concept that investment returns occur when benefits exceed costs, and the financial components that comprise educational expenses. The questions require students to apply critical thinking skills to evaluate different educational pathways and their long-term financial implications, including how strategic choices like starting at community college can impact overall educational costs and outcomes. Created by Samantha Isaacs, a teacher in the US who teaches grade 11. This quiz serves as an excellent tool for introducing students to the financial realities of higher education decisions and can be effectively used as a formative assessment following lessons on educational planning and personal finance. Teachers can deploy this assessment as a warm-up activity to gauge students' understanding of educational investment concepts, assign it as homework to reinforce classroom discussions about college costs, or use it during review sessions before more comprehensive assessments on financial literacy. The quiz effectively supports instruction by helping students develop practical decision-making skills they will need as they approach their own post-secondary education choices. This assessment aligns with Common Core Mathematics Standards for high school statistics and probability (CCSS.MATH.CONTENT.HSS-ID) as students analyze data to make informed decisions, and Career Readiness Standards that emphasize financial literacy and post-secondary planning.
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A positive return on investment for education happens when ______.
Your earnings potential is higher than the cost of your education
You calculate earnings after working for one year after college
You attend a public university and do not take out loans
You use federal student loans to attend a private college
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If your earnings potential is higher than the cost of your education, you will have a ______.
Negative return on investment for higher education
Neutral return on investment for higher education
Positive return on investment, depending on your major
Positive return in investment for higher education
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is something to consider when trying to get a positive return on investment for higher education?
The total cost of attendance
The cost of a meal plan
The cost of tuition
The cost of books
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jobs and careers that require degrees or certificates generally _______ jobs that require little or no training.
Pay about the same amount of money as
Pay more money than
Have fewer responsibilities than
Earn less money than
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total cost of attending a university includes ________.
Tuition, housing, food, books, and other costs
Student loans and federal grants
Tuition, scholarships, grants, and loans
Scholarships, grants, and other forms of financial aid
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Carol became an account by starting her training at a community college, followed by transferring to a Bachelor's degree program at her local public university. How likely is it that she will have a positive ROI?
Very likely, because attending college guarantees a job after graduation.
Not likely at all, because she did not attend a four year college for all four years.
Very likely, because she spent less money the first two years of college and is currently employed.
Not likely at all, because she is not in a profitable career field.
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