Making the choice to spend money on post secondary education pays off in the long run because:
EverFi Financial Literacy Lesson 6: Financing Higher Ed.

Quiz
•
Business, Life Skills
•
10th - 12th Grade
•
Hard
Mandi Collyar
Used 980+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You or your parents can write it off your taxes.
You can get grants and scholarships to pay for post secondary education while you are there.
The salary you will earn with a degree will pay back the cost of college over your career.
There are less expensive options for obtaining a post secondary education.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dimitri’s counselor told him that post secondary education can be expensive but can pay off in the long run, what does that mean?
The salary you will earn with a degree will pay back the cost of college over your career.
You can get grants and scholarships to pay for post secondary education while you are there.
There are less expensive options for obtaining a post secondary education
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It does not make sense to avoid post secondary education because of its cost since in the long run:
You or your parents can write it off your taxes.
The salary you will earn with a degree will pay back the cost of college over your career
You can get grants and scholarships to pay for post secondary education while you are there.
There are less expensive options for obtaining a post secondary education.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the benefits of attending a local community college?
It is cheaper to earn an Associate’s degree at a community college and then transfer to a four-year college to finish.
You can live at home and save dorm fees while earning an Associate’s degree.
Choosing a local community college within closer driving range saves on transportation costs.
All of the above.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cutting down on costs by earning an Associate’s degree first and then transferring to a four-year college or university can be done by going to what type of higher education institution?
A local community college.
A trade school.
A specialized training program.
Both b and c are correct.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. What is his best option for affording a Bachelor's Degree?
He can enroll in a trade school and transfer his courses later.
He can attend a specialized training program and transfer a couple of his courses.
He can attend the local community college whose courses transfer to the public four-year college.
None of these are correct.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is NOT considered an additional cost beyond tuition for higher education?
Textbooks and supplies
Academic counseling
Room and board
Transportation
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