CCR SEMESTER EXAM QUESTIONS AND VERIFIED ANSWERS
which of the following is NOT an example of how you can reduce the full cost of higher
education?
-buy all the books at the bookstore as early as possible
-cook your own meals instead of using a meal plan
-live close to campus so you can bike or walk to class
-live in shared housing to share costs - CORRECT ANSWER✅✅✅buy all the books at the
bookstore as early as possible
which institution will most likely have the lower sticker price?
-public 4-year university
-private 4-year university
-a certificate program
-community college - CORRECT ANSWER✅✅✅a certificate program
a positive return on investment for higher education ________.
-is when your earnings potential is higher than the cost of your education
-happens when the cost of higher education are less than you expected
-is when you land a job after graduating
-happens when you get a really good scholarship and discounts on tuition - CORRECT
ANSWER✅✅✅is when your earnings potential is higher than the cost of your education
why would researching the average earnings by major and by career be useful to you as you
choose an institute for higher education?
-you can hypothesize the return on investment based on the net cost
, -you can calculate the return on investment based on the types of classes they offer
-you can determine the return on investment based on the sticker price
-you can anticipate the return on investment based on how much you could earn - CORRECT
ANSWER✅✅✅you can anticipate the return on investment based on how much you could
earn
scholarships, grants, and work-study money all reduce the ______ of higher education
-sticker shock
-retail price
-sticker price
-net cost - CORRECT ANSWER✅✅✅net cost
anna got a high-paying job as a lab technician upon graduation. she took 5 years to graduate from
a public university and did take out a lot of loans. what kind of return on investment (ROI) does
anna demonstrate?
-negative ROI
-can't determine ROI
-positive ROI
-neutral ROI - CORRECT ANSWER✅✅✅positive ROI
a net price calculator ________
-shows a true picture of your return on investment at the institute of your choice
-helps estimate the amount of money you might get in scholarships and grants
-provides an accurate sticker price of the institute of your choice
-helps you find and apply for different scholarships - CORRECT ANSWER✅✅✅helps
estimate the amount of money you might get in scholarships and grants
which of the following is NOT an example of how you can reduce the full cost of higher
education?
-buy all the books at the bookstore as early as possible
-cook your own meals instead of using a meal plan
-live close to campus so you can bike or walk to class
-live in shared housing to share costs - CORRECT ANSWER✅✅✅buy all the books at the
bookstore as early as possible
which institution will most likely have the lower sticker price?
-public 4-year university
-private 4-year university
-a certificate program
-community college - CORRECT ANSWER✅✅✅a certificate program
a positive return on investment for higher education ________.
-is when your earnings potential is higher than the cost of your education
-happens when the cost of higher education are less than you expected
-is when you land a job after graduating
-happens when you get a really good scholarship and discounts on tuition - CORRECT
ANSWER✅✅✅is when your earnings potential is higher than the cost of your education
why would researching the average earnings by major and by career be useful to you as you
choose an institute for higher education?
-you can hypothesize the return on investment based on the net cost
, -you can calculate the return on investment based on the types of classes they offer
-you can determine the return on investment based on the sticker price
-you can anticipate the return on investment based on how much you could earn - CORRECT
ANSWER✅✅✅you can anticipate the return on investment based on how much you could
earn
scholarships, grants, and work-study money all reduce the ______ of higher education
-sticker shock
-retail price
-sticker price
-net cost - CORRECT ANSWER✅✅✅net cost
anna got a high-paying job as a lab technician upon graduation. she took 5 years to graduate from
a public university and did take out a lot of loans. what kind of return on investment (ROI) does
anna demonstrate?
-negative ROI
-can't determine ROI
-positive ROI
-neutral ROI - CORRECT ANSWER✅✅✅positive ROI
a net price calculator ________
-shows a true picture of your return on investment at the institute of your choice
-helps estimate the amount of money you might get in scholarships and grants
-provides an accurate sticker price of the institute of your choice
-helps you find and apply for different scholarships - CORRECT ANSWER✅✅✅helps
estimate the amount of money you might get in scholarships and grants
