This one
That one
The other one
Not that one
The one in the middle
100

What is a High School Diploma/GED?

An official paper given to students once they graduate from high school.

100

What is freelance?

The type of employment where you work for yourself instead of under one boss.

100

What is an Undergraduate Degree?

The first level of higher education that a person pursues after high school.

100

What is non-skilled labor?

Work that needs no formal education, specialized training, or prior experience.

100

What is tuition?

The amount of money paid to a school in order to take classes there.

200

What is a wage?

Money paid by an employer to a worker for labor or services.

200

What is an apprenticeship?

A structured training program that combines paid on-the-job work with classroom instruction.

200

What is a Graduate Degree?

An advanced academic or professional credential pursued after earning a bachelor’s degree.

200

What is a gap year?

An intentional break from formal education or career tracks, usually lasting a few months to a full year.

200

What is FAFSA?

The Free Application for Federal Student Aid; an official online form used by students in the U.S. to apply for financial aid to help pay for college or career school.

300

What is a salaried wage?

A fixed amount of money that an employee receives each pay period.

300

What are opportunity cost?

The value of the next-best alternative you give up when you make a choice.

300

What is a GI Bill?

A program that helps qualifying military veterans, active-duty service members, and their eligible dependents pay for college, graduate school, and technical training programs.

300

What are student loans?

Money students may borrow to pay for school costs such as tuition, housing, and materials and must be paid back like any other loan.

300

What is a fixed-rate loan?

A type of loan where the interest rate stays the same for the entire life of the agreement.

400

What is an hourly wage?

A set amount of money that an employee pays a worker for each hour worked.

400

What are trade offs?

A choice where you give up one thing to get something else.

400

What is a professional license/certification?

A government issued legal permit required to work a specific field or a voluntary credential from a private or non-governmental organization that proves high-level skill or knowledge in a job.


400

What are scholarships?

Financial aid given to students to help pay for school and does not need to be paid back.

400

What is a variable-rate loan?

A type of loan where the interest rate may go up or down over time.

500
What is a commission?

A fee paid for making a sale or doing a service.

500

What is an Associate's Degree?

An undergraduate academic qualification that typically takes two years of full-time study or about 60 credit hours.

500

What is skilled labor?

Work that needs special training, knowledge, or a specific trade.

500

What is a grant?

Money given by the government or an organization to fund a service and does not need to be paid back.

500

What is a grace period?

What is deferment?

(Double points)

A set amount of extra time given after a payment due date.

The act of delaying, postponing, or putting off something until a later time.