(Answered) GEN102 Week 5 – Quiz

GEN102 Week 5 – Quiz

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Question 1

1 / 1 pts

When was the Social Security Act passed?

Question 2

1 / 1 pts

Which of the following organizations is one of the four main credit bureaus?

Question 3

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Lori is preparing for a discussion with her financial aid representative to determine how much of a loan she should request. Which of the following should NOT be a consideration when calculating her educational financial needs?

Question 4

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Jane is applying for a new credit card and a car loan. How long will these credit inquiries remain on her credit report?

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Question 5

1 / 1 pts

Hermione has a credit score of 653. Her credit score would receive which of the following classifications?

Question 6

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Artulio is pursuing a degree in social work at Ashford, but he hopes to work for the Peace Corps   AmeriCorps after his graduation. Which of the following would be something for him to think about when considering the option of taking out a government subsidized loan?

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Question 7

1 / 1 pts

The amount of Social Security benefits workers currently receive at retirement varies based on __________.

their age

Question 8

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Steve wants to take charge of his finances. To do so, he must track his income and expenditures. To accurately calculate his take-home pay, Steve must use his __________.

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Question 9

1 / 1 pts

According to “Annual Earnings of Young Adults”, the overall lifetime income of a high school graduate has been calculated at $1,371,000.  What is the calculation for the overall lifetime income of a college graduate?

1 / 1 pts

According to the National Center for Education Statistics, there is a __________ difference in earning power over a person’s lifetime if the person graduates from college versus only graduating from high school.

Quiz Score: 10 out of 10

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