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Exam (elaborations)

EVERFI QUESTIONS AND ANSWERS

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EVERFI 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 QUESTIONS AND ANSWERS
Choosing the higher education institution with the cheapest sticker price might be a bad
idea because _____. - Answers - more expensive schools may be cheaper once the net
cost has been determined.

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

If your earning potential is higher than the cost of your higher education, you will have a
_____. - Answers - positive return on investment for higher education

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

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

A _____ can help you estimate how much money you might get in scholarships and
grants at a given institution of higher education - Answers - net price calculator

Buying used textbooks, cooking your own meals and biking instead of driving can all
reduce the _____. - Answers - full costs of higher education

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

Jeremiah works at a pet store. He went to a community college but didn't finish. He has
some student loans now. What kind of return on investment (ROI) does Jeremiah
demonstrate? - Answers - Negative ROI

Are net costs or sticker prices lower for higher education and why? - Answers - Net
costs are lower since they include all scholarships, grants and special program
financing.

Choosing the higher education institution with the cheapest sticker price might be a bad
idea because _____. - Answers - more expensive schools may be cheaper once the net
cost has been determined.

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

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