Finance 5 Welcome to your Finance 5 Quiz. Please click on "Next" to continue. Defaulted student loans drop off a credit report after two years.Please select your answerTrueFalseWhich of the following are some of the qualifications for the Post-9/11 GI Bill? (Select all that apply) 90 Days of combined service after September 10, 2001 Discharged with a service-connected disability after at least 30 days National Guard mobilized on Title 32 after September 11, 2001 Other than honorably discharged on or before September 11, 2001What is the primary different between a Prepaid Tuition Plan and a College Savings Plan?A College Savings Plan allows a person to pre-buy credit at a college, whereas the Prepaid Tuition Plan invests the money in a portfolio.A Prepaid Tution Plan allows a person to pre-buy credit at a college, whereas the College Savings Plan invests the money in a portfolio.Prepaid Tuition Plans are only for students who have already been accepted to the college.All investments in every College Savings Plan are guaranteed.Non-humanities college graduates earn, an average, ________% more over a lifetime than do non-college graduates.200300400500In 2018 the average yearly tuition for a state college was how much?$34,000$25,000$10,000$120,000What is another name for a College Savings Plan that includes an age-based portfolio?Static fund portfolioTarget-date portfolioExchange-traded portfolioStock fund portfolioThere are no fees involved in a 529 plan?TrueFalseThe GI Bill will pay for all of a Veteran's education.TrueFalseWhy would a 529 plan be valued by many heroes?It is a good way to save money for a boat without getting taxed.It allows parents to save for their children's future education.It allows parent to save money to start a business with their children without paying any fees.Active duty and Veterans who have served at least 3 years (36 months) on active duty since September 10, 2001 are eligible for 100% tuition under the Post 9/11 GI Bill.TrueFalse Stage Name/Real Name Unit Time is Up! Posted on August 24, 2019April 24, 2020 By admin
