College
What is a benefit of going to college and obtaining a degree?
Higher potential earnings
How much money should you borrow to go to college?
Borrow only what you need for college costs and basic needs
Do all jobs require you to have a four year college degree?
No, many jobs require other kinds of training.
What is a starting salary?
Starting salary is the amount you will make in the first year of your new profession.
What is the main question you should ask yourself about choosing a career?
Am I passionate about this type of work?
What is the best way to pay for college?
Grants and scholarships
If college costs $45,000 and you get "gift aid" like a grant or scholarship of $20,000, does it reduce how much you have to pay?
Yes! The gift aid would reduce your cost to $25,000.
What is a college level school that prepares you for a specific trade?
a trade school
What is median salary?
Median salary is the middle of the pay scale for that profession.
What is usually the largest expense in a person's budget?
Housing
What is a scholarship?
A scholarship is free money that you must qualify for but do not need to pay back.
What kinds of government jobs can you do without going to college?
military or other jobs offering training as part of employment
What is a salary schedule?
It is pay chart based on your work skills and experience.
What is the purpose of a budget?
A budget is a spending plan to help you keep track of your income and expenses.
Do you have to pay back a scholarship or is it a gift?
It's a gift.
Are there jobs you can get right out of high school?
Yes! There are jobs you trained for in high school, such as video production, security software, etc.
Does a loan have to be paid back?
Yes, it has to be paid back with interest.
What is one advantage of starting to work immediately after high school.
You can start earning money sooner than those obtaining a college degree.