10
QuizMultiple Choice

Making Employment Decisions — Quiz

Question 10 • Economics and Personal Finance

Which are costs of a college education? Choose four correct answers.

Answer
A
room and board
B
federal grants
C
student loan interest
D
books and fees
E
academic scholarships
F
tuition

Explanation

College costs include room and board, books and fees, and tuition. Student loan interest is also a cost because it is paid when borrowing money for education. Federal grants and academic scholarships help pay for college, so they are sources of financial aid rather than costs.

AI-written and checked against the verified answer.