Spending

Question 1

This graph compares the total cost of attending educational institutions in Texas.

Revolt · Accepted Answer

four-year universities greatly varies.

Question 2

Which statement best defines tuition?

Revolt · Accepted Answer

Tuition is the price of attending classes at a school.

Question 3

This graph compares the cost of an education at different institutions in Texas.

Revolt · Accepted Answer

private universities can cost three times as much to attend as public universities.

Question 4

How is a student loan different from a scholarship?

Revolt · Accepted Answer

A student loan must be paid back, but a scholarship is not paid back.

Question 5

How does an employer's presentation of retirement savings options affect employees' decisions to save?

Revolt · Accepted Answer

by automatically enrolling employees to tap into their default bias

Question 6

This graph shows student loan debt in the United States from 1994 to 2009.

Revolt · Accepted Answer

Students have taken out higher and higher loans since 1994.

Question 7

These lists provide information about two jobs.

Revolt · Accepted Answer

Job B has a lower salary than job A, but the benefits make job B a more attractive pay package.

Question 8

Which statement describes an hourly wage job?

Revolt · Accepted Answer

If an employer wants the employee to work more hours in a week, the result is a larger paycheck.

Question 9

Completing the FAFSA could help decide whether a student

Revolt · Accepted Answer

should receive student-specific financial aid.

Question 10

How is a federal loan different from a private loan for an education?

Revolt · Accepted Answer

A federal loan is only available for students who show a need. A private loan is available for any student who meets the bank’s lending standards.

Spending Answers