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Mini-Quiz: Income Related to Education

by Ron Kurtus (revised 26 November 2011)

Take this Mini-Quiz to check your understanding of the lesson material.



1. Why would a person drop out of school?

Teachers are incompetent

Doesn't like school and wants to start making money

Afraid of being with other kids

2. What is needed after high school graduation?

A long vacation

A fast car

Added schooling or training in a skill

3. Why do college graduates make so much more than dropouts?

Their knowledge and skills are valuable to the employer

Companies are prejudiced against dropouts

They have to work longer hours

If you got all three correct, you are on your way to becoming a Champion in Personal Finances. If you had problems, you had better look over the material again.



Resources and references

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US Census Bureau, 2002 statistics on education and income

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