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Exam (elaborations)

EVERFI RETURN ON INVESTMENT QUESTIONS AND ANSWERS

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EVERFI RETURN ON INVESTMENT QUESTIONS AND ANSWERS

Institution
EVERFI
Course
EVERFI








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Institution
EVERFI
Course
EVERFI

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Uploaded on
December 7, 2024
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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EVERFI: RETURN ON INVESTMENT QUESTIONS AND
ANSWERS
What is a sticker price for higher education? - Answers - The price of attendance
including tuition, room and board, books and other costs.

A net price calculator _____. - Answers - helps estimate the amount of money you might
get in scholarships and grants

Which is an example of why higher education typically has a positive return on
investment (ROI)? - Answers - The jobs you can get with higher education will earn
more money than jobs without a degree or certificate.

Taking more than four years to graduate will increase costs and may impact a return on
investment. What could you check to see how long most students take to finish at an
institute of higher education? - Answers - graduation rate

Why would researching the average earnings by major and by career be useful to you
as you choose an institute for higher education? - Answers - You can anticipate the
return on investment based on how much you could earn.
Or
It can help you calculate the return on investment.

Anna got a high-paying job as a lab technician upon graduation. She took five 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? - Answers - Positive ROI

The full cost of attendance to an institute of higher education, including tuition, room and
board, books and other costs is known as _____. - Answers - the sticker price

A positive return on investment for higher education _____. - Answers - is when your
earnings potential is higher than the cost of your education

Luis repairs air conditioners. He earned a certificate in 6 months and paid for it with one
loan. He earns a good salary now and will pay off his loan in two years. What kind of
return on investment (ROI) does Luis demonstrate? - Answers - Positive ROI

Why are net costs of higher education different from sticker prices? - Answers - Net
costs include all scholarships, grants and special program financing.

Higher education typically has a positive return on investment because _____. -
Answers - jobs and careers that require a degree or certificate generally earn higher
salaries

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