24
QuizMultiple Choice

Making Spending Decisions — Cumulative exam

Question 24 • ***CPS Online Personal Finance fall – 3-2027

Which statement about tuition is the most accurate?

Answer
A
Four-year universities have the lowest tuition.
B
Community colleges tend to be more expensive.
C
Public colleges are cheaper for in-state residents.
D
Tuition is higher for public colleges than private ones.

Explanation

Public colleges and universities receive support from state governments, so they generally charge lower tuition to students who live in that state. Students from other states often pay more. Four-year universities are not necessarily the cheapest, and community colleges tend to have lower tuition than four-year schools.

AI-written and checked against the verified answer.

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