Buisness Career Prep
What's a FALSE statement about online time?
Checking social media a lot is connected to more happiness.
What are you calculating if you add together an estimate of tuition, fees,room and board, books, supplies and other higher education expenses?
Cost of Attendance
What do you need to consider to decide if you can afford to go to an institute of higher education?
Cost of Attendance (COA) and financial aid (correct answer, your response)
Which of the following is NOT an example of an online portfolio
To get a special project, Chris practiced ____ by reading all he could about the field and spending time learning a new skill.
Lifelong Learning
When using the 50-30-20 rule to budget, what category are loan payments in?
Needs
How often do you need to apply for a federal student loan?
Only once
Which statement is true regarding how private and federal loans use yourcredit score (borrowing history) when approving applications?
Only private loans look at your credit score.
Which is an example of an income-driven repayment plan for student loans?
Payment amounts are based on a percentage of what you earn.
What do college students need to spend more time doing in order to meetlong-term academic goals?
Planning for study time outside of class
The _____ is the additional costs you pay each year in order to borrow money in loans, including both interest and fees.
annual percentage rate (APR)
An _________________ is a software application that enables the electronic handling of recruitment and hiring needs.
applicant tracking system
A portfolio provide _________________ of work that you've done.
evidence
emotional contagion
extent to which an emotional display by one person influences the emotional state of a bystander
Private student loans are from _____
financial institutions like banks and credit unions
When paying for higher education, scholarships and grants can be considered...
free money
A portfolio _____________ your skills and abilities
illistrates
The sticker price of an institute of higher education includes _____.
tuition, housing, food, books and other costs
How often do you need to fill out the FAFSA in order to apply for federalstudent loans?
every year
What is a "digital footprint"?
A collection of data from someone's online activity that can be traced back to them
What is an origination fee on a loan?
A fee that is charged by a lender to make up for the cost that they spend giving you a loan.
What makes a good password?
A mix of letters, numbers, and symbols you'll remember.
Who would most likely be a cosigner on some student loans?
A parent or guardian
When gathering information about certain occupations, be sure to understand how you are paid. What is the difference between a salary and an hourly wage?
A salary is paid no matter how many hours you work whereas an hourly wage is paid only for the time on your job.
What might be a phishing message?
An email with a link to re-set your password.
What best describes the difference between careers and industries
An industry is a field or a subject area whereas careers are the type of work thatis done by an individual.
When gathering information about an industry, pay attention to whether it is a growth industry. What does this mean?
An industry that is growing and adding jobs, which means it may be easier to get work.
If someone you don't know asks where you go to school, what should you do?
Don't respond.
Any member of your immediate family can be listed as your reference when looking for a job. (true or false
False
The "Entitlement Creed" video that we watched in class discuss and talks about discrimination in the work place. (true or false
False
If Gabi wants to pay off her student loan by starting with a low amount and then increasing it every two years, what type of repayment plan is best forher?
Graduated repayment plan
Which is the best example of someone growing their network while in high-school?
Having regular check-ins with teachers and counselors to discuss goals.
Right now, who is most likely to have general information about financial aid at many different institutes of higher education?
High school counselor
What does Expected Family Contribution (EFC) mean?
How much the federal government expects your family will be able to contribute per year toward your school expenses. (correct answer, your response)
What is NOT an example of professional networking?
Setting up your computer network in your home or office
What is curated content?
Something you didn't create, but are sharing
If Emmett wants to pay off his student loan by making monthly paymentsfor 10 years, what type of repayment plan is best for him?
Standard repayment plan
Which type of loan is based on financial need?
Subsidized loans
What do you need to submit in order to access need-based federal aidand federal loans?
The FAFSA
Which of these is not something to consider when trying to get a positive return on investment (ROI) for higher education?
The type of food that is offered on the meal plan. (correct answer, your response)
Which of the following is true about financial aid letters from institutes of higher education?
They only include aid for one year. You must reapply for financial aid every year.
What is the purpose of the FAFSA?
To access need-based federal aid, including federal loans
The job market is considered to be healthy when the unemployment rate is low. (true or false
True
What's a good way to keep personal information private online
Turn off location tracking on all apps
How can you create a healthy balance between online and offline time?
Turn off notifications on your phone
Which type of loan has a higher borrowing limit, a subsidized or unsubsidizedloan?
Unsubsidized loans
What is "social comparison"?
When you compare your life to others' social media posts and feel like your life is worse.
If something is copyrighted, how can it be used?
With permission or in certain "fair use" cases.
When you sign up for an app or social media account, are you letting thecompany use your information?
Yes
One consequence for defaulting on a student loan is loan acceleration. What does this mean?
You owe the amount of your loan and interest immediately.
When paying for higher education, money that you borrow and must pay back later comes from
loans
whats malware
malicious software - any program that works against the interests of your computer
Scholarships, grants and work-study money all reduce the _____ of higher education.
net price
A collection of work samples that you can bring to an interview, send to a prospective employer, or even post online.
portfolio
The purpose of a _________ is to provide a summary of your skills, abilities and accomplishments.
resume
Which of the following should NOT be included in a paper portfolio
social media profile photo
A great way to see applicants' natural behavior, without the stress of the job interview. A good way to see their thoughts on a platform where they feel comfortable visiting, scrolling and consuming content.
social screening
Federal loans are from
the government
The full cost of attendance to an institute of higher education, includingtuition, room and board, books and other costs is known as _____.
the sticker price
If a friend posts something online that hurts your feelings, what should you do?
Ask to talk to them in person.
When attending a networking event, what should you focus on first before asking for connections or advice?
Building a relationship with people first
A _________________ is a document sent with your resume to provide additional information on your skills and experience.
cover letter