Quiz: What Do You Really Know About Paying For College?

Jan 11, 2016
Paying for College, Question of the Day, Research, Student Loans, Current Events, Chart of the Week, Quizzes

Hat tip to my colleague Jessica for the heads-up about this WSJ Quiz: Eight Questions to Answer Before Picking a College (yes, we do actually cheer at NGPF when we find “the good stuff.”)

What is there to like about the quiz?

  • It asks your students important questions like “Which metrics will give the best sense of whether a college prepares a student to be financially successful?” and “How can I figure out roughly how much I’ll pay for a college after financial aid is taken into account?”
  • It provides questions worthy of a vibrant classroom discussion, such as “What is the maximum amount a student should borrow to attend college?” Unfortunately a multiple choice question doesn’t capture the complexity of a question like this.
  • It not only provides answers to the questions, but also charts and graphs for your students to analyze. For example, the question about metrics to measure a college’s impact include these charts on school ROI and Graduation Rates:


Screen Shot 2016-01-11 at 4.44.47 PM


Be sure to check out the NGPF Activity: Compare Sticker Price and Net Price 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.