Question 1

Part of the benefit of being involved in a study group is that you can apply the Adult Learning Cycle by speaking and listening to others.

Accepted Answer

The Adult Learning Cycle involves active participation, which includes discussing and listening to others, making study groups beneficial for applying this cycle.

Question 2

Myra has a broken leg and must use crutches.She is in her first year of school in Maine, she is a commuter, and it is winter.She cannot drive or rely on friends to take her to and from campus when they have different schedules than her.Once she is on campus, she has difficulty managing the hills on crutches, especially when the sidewalks have ice and snow.There is no public transportation that provides a route near her house to school.From what you've read in the chapter about identifying school resources, what program or person should Myra contact first?

Accepted Answer

The answer of Myra has a broken leg and must...

Question 3

Tia began investing $3,000 per year in a tax-deferred retirement plan at age 25 and stopped investing at age 45.At age 35, Sylvia began investing $3,000 per year in the same type of retirement plan and stopped contributing at age 60.Both retirement plans yield a 7% annual return compounded monthly.When both women turn 65, which scenario is more likely?

Accepted Answer

Tia's early start allows her investment to grow for a longer period due to compound interest, even though she contributed for fewer years. Sylvia contributed for more years, but her investment had less time to grow, resulting in a smaller total amount at age 65 compared to Tia's.

Question 4

Chet is a nontraditional student and commutes to school.He feels out of touch with the college he is attending because he is too old to get involved with the activities designed to meet other students, and he is the oldest student in most of his classes.One of the best ways to get involved would be to form or join a study group.

Accepted Answer

Joining or forming a study group can help Chet connect with other students academically, providing a sense of community and involvement without the age-related barriers of other activities.

Question 5

Becky has not yet declared her major and is still not sure what she wants to choose.Her best resource would be the Career Center.

Accepted Answer

The Career Center can provide guidance, resources, and counseling to help students explore different majors and career paths.

Question 6

Many schools have implemented "e-lert" systems to contact students via email, phone, or text message for services ranging from academic deadlines and paying bills on time, to notices of class cancellations or safety emergencies.

Accepted Answer

The answer of Many schools have implemented "e-lert" systems to...

Question 7

Shannon and her friends went to dinner, and she forgot to bring cash.She offered to pay the bill, and people could pay her for their portion now or later with the plan to pay the expense back when she got her bill.This was an unwise financial decision.

Accepted Answer

Offering to pay the bill and allowing friends to pay her back later is not inherently unwise; it depends on the trustworthiness of her friends and her financial situation.

Question 8

Baird is having trouble paying his bills.To take control of his financial situation, he has created a budget and inventoried his everyday expenses to see where most of his money is going.He should have considered seeking out professional advice first.

Accepted Answer

Creating a budget and inventorying expenses are effective initial steps for managing finances, and professional advice can be sought if needed later.

Question 9

If you do not feel comfortable with your academic advisor, you should check to see if you can switch to a different advisor.

Accepted Answer

It is important to have a good working relationship with your academic advisor, as they play a crucial role in guiding your academic journey. If you are uncomfortable, it is reasonable to explore the possibility of switching advisors.

Question 10

Government legislation regarding student loan availability, interest rates and debt forgiveness has been static since 1976.

Accepted Answer

Government legislation regarding student loans has changed multiple times since 1976, with various acts and amendments affecting availability, interest rates, and debt forgiveness.

Question 11

By law, you are entitled to one credit report per year from one of the three credit agencies.

Accepted Answer

In the United States, you are entitled to one free credit report per year from each of the three major credit reporting agencies, not just one.

Question 12

Daniel is a college junior living off campus with roommates who split all of their bills evenly.Beyond grants and loans, he is involved in the work-study program at school to help pay for his tuition.Each summer he works for his uncle to earn money to help pay for his living expenses at school.He lives close to campus and rides his bike to school.Although he has plenty in his savings account to cover his books and living expenses, he has no extra spending money.He has considered getting another job, but he feels this will affect his studies.He has been thinking about using his credit card to pay for some of the extras like taking trips with friends, or paying for party supplies when his turn arises.Which course of action will put Daniel on the right path financially?

Accepted Answer

Daniel should either get a job to cover his extra expenses or not incur the expenses to avoid accumulating debt and maintain financial stability.

Question 13

Under the Americans with Disabilities Act, colleges are legally obligated to provide services and resources for students with disabilities.Accommodations that may be made for students with disabilities include transcribing lectures, extended time for tests, and taking oral tests.

Accepted Answer

The Americans with Disabilities Act (ADA) requires colleges to provide reasonable accommodations to ensure students with disabilities have equal access to education.

Question 14

The primary focus of service learning is to help student acquire job skills.

Accepted Answer

Service learning primarily aims to enhance students' civic responsibility and community engagement, rather than solely focusing on job skills.

Question 15

Returning students often struggle more with academic work than traditional students

Accepted Answer

Returning students often have more life experience and motivation, which can help them succeed academically, though they may face different challenges than traditional students.

Question 16

If you get a payday loan and fail to pay it back on time the fee is usually minimal; therefore it is better to get this type of loan versus others.

Accepted Answer

Payday loans often come with very high fees and interest rates, making them more expensive than other types of loans if not paid back on time.

Question 17

Students looking to get involved in programs promoting diversity should visit the Student Activities Office for more information.

Accepted Answer

The Student Activities Office typically provides information on various programs, including those promoting diversity, for students looking to get involved.

Question 18

Chris attends all of his classes and does his homework, and he is passing all of his classes.Lately he has been having a lot of issues with friends that affect his ability to focus on school.He tries to manage interruptions by studying at the library but when he is there, his mind wanders to his friends' troubles.In the past two weeks, he has noticed his grades slipping at the same time that his friends' issues are getting worse.He feels pulled in two directions and is afraid of the consequences if he cannot dedicate himself completely to both areas in his life.Now Chris feels he is in crisis.What is his best option?

Accepted Answer

Seeking help from the counseling center can provide Chris with professional support to manage his stress and find strategies to balance his responsibilities effectively.

Question 19

The Consumer Credit Counseling Service (CCCS) provides individuals and families advisement in debt repayment and/or cancellation.

Accepted Answer

The answer of The Consumer Credit Counseling Service (CCCS) provides...

Question 20

Commuter students who make an effort to get involved or join a club are more likely to graduate.

Accepted Answer

Research suggests that involvement in campus activities can enhance a student's sense of belonging and engagement, which are factors that contribute to higher graduation rates.

Quiz 4: Maximize Your Resources