17
QuizMultiple Choice

Financial Literacy — Test

Question 17 • Economics

Which statement about tuition is the most accurate?

Answer
A
Tuition is higher for public colleges than private ones.
B
Community colleges tend to be more expensive.
C
Four-year universities have the lowest tuition.
D
Public colleges are cheaper for in-state residents.

Explanation

Public colleges receive funding from state governments, so they generally charge lower tuition to students who live in that state. Out-of-state students usually pay more, and private colleges often have higher tuition than public colleges. Therefore, “Public colleges are cheaper for in-state residents” is the most accurate statement.

AI-written and checked against the verified answer.

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