Kahoot Quiz: Unit 2 Review

What is the most important factor when comparing the cost of a four-year college versus a technical school?

• The potential return on investment

• The popularity of the school’s sports teams

• The social life on campus

• The climate of the region

Which of the following is a key step in evaluating whether to attend college or enter the workforce?

• Researching both short-term and long-term job market trends

• Ignoring potential debt and focusing only on earnings

• Only considering the cost of tuition

• Asking one person in each field for advice

What is a benefit of enlisting in the military after high school?

• Access to specialized training and education

• Lifetime free housing

• Immediate high salary

• Guaranteed admission to any college

When comparing college and military enlistment, what factor should be considered?

• The average starting salaries of graduates vs. military personnel

• The number of friends in each field

• The time commitment of studying for college exams

• The physical training requirements

What is a primary benefit of a work-study program?

• Provides an opportunity to earn money while studying

• Guarantees job placement after graduation

• Eliminates the need for student loans

• Offers a full scholarship

What document is required to complete the FAFSA?

• Social Security Number

• Driver’s license

• High school diploma

• Birth certificate

What does FAFSA stand for?

• Free Application for Federal Student Aid

• A private loan for college students

• College entrance exam

• A scholarship application

Which factor is important when deciding whether to buy or rent a home?

• The interest rate on a mortgage

• The availability of rental properties

• The color of the house

• The number of bedrooms

What is an example of an asset that can contribute to generational wealth?

• Real estate

• High-end electronics

• Expensive vacation

• New car

Which income type applies to an independent contractor?

• Form 1099 income

• Hourly wage

• Salary

• Tips