Personal Financial Literacy-College and postsecondary education and training

The student recognizes the costs and benefits of various types of college, postsecondary education, and training. The student is expected to:

Analyze the relationship between education and training and earnings.

Identify types of costs associated with college, postsecondary education, and training.

Compare costs among postsecondary education and training institutions such as public universities, private universities, certification programs, and community colleges.

Analyze the quality of education investment using measures such as academic reputation, selectivity and rigor in a chosen area of study, average starting salary of students graduating in chosen field, and likelihood of student graduation.

The student understands various options for paying for college, postsecondary education, and training. The student is expected to:

Understand how, why, and when to complete grant and scholarship applications and the Free Application for Federal Student Aid (FAFSA) provided by the U.S. Department of Education.

Research various sources of funds for postsecondary education and training, including student loans, grants and scholarships, and other sources such as work-study and military programs.

Analyze the advantages and disadvantages of various sources of funds for postsecondary education and training, including student loans, grants and scholarships, and other sources such as work-study and military programs.