ANALYZE: College and Career Choices PDF

NGPF Activity Paying for College Spanish version ANALYZE: College and Career Choices Discover how your college and career choices...

NGPF Activity Paying for College Spanish version ANALYZE: College and Career Choices Discover how your college and career choices can impact your finances by helping each of the students below make their own decisions. Part I: Scenarios Scenario #1: Jada ​ Year in High School: Senior ​ GPA: 3.4 ​ School(s) Under Consideration: North Carolina State University at Raleigh (NCSU) ​ Family income: $52,000/yr ​ Career Track(s) Under Consideration: Graphic Designer, Accountant Tuition Tracker 1.​ Use Tuition Tracker to fill out the table below. Note: Once you’ve found the school, change the family income at the very top of the screen to get an accurate cost. North Carolina State University at Raleigh Annual Net Price 6,833 (based on income) 4-year cost 27,332 (assuming net price remains constant) Acceptance Rate 47% 2.​ Look at the Success Rates section. a.​ How does the national average graduation rate compare to the total graduation rate for this school? www.ngpf.org​ Last updated: 8/28/24 1  b.​ Why is it important to consider a school’s graduation rate? c.​ Jada plans to attend NCSU as a full-time student. How confident can she be that she will have a successful freshman year and return the next fall? My Next Move 3.​ Use My Next Move to look up the starting salaries for the two careers Jada is considering. For the purpose of this activity, assume the lowest salary is the starting salary. What is the starting salary for each career? 4.​ Jada thinks she will enjoy both careers equally. Which major is the best financial choice? Why? 5.​ Identify other factors from My Next Move that Jada might want to consider for each career before making a final decision. www.ngpf.org​ Last updated: 8/28/24 2  Scenario #2: Albert ​ Year in High School: Senior ​ GPA: 3.8 ​ School(s) Under Consideration: Rice University, University of Texas at Austin ​ Family income: $76,000 ​ Career Track(s) Under Consideration: Chemical Engineer Tuition Tracker 6.​ Use Tuition Tracker to fill out the table below. Note: Once you’ve found the school, change the family income at the very top of the screen to get an accurate cost. Rice University University of Texas at Austin Annual Net Price 5,825 12,743 (based on income) 4-year cost 23,300 50,972 (assuming net price remains constant) Acceptance Rate 9% 31% 7.​ Compare the sticker and net prices at both schools. If Albert gets below-average aid to attend both universities, which one will be more affordable for him? Explain. My Next Move 8.​ Use My Next Move to look up the starting salary for a chemical engineer and note it below. For the purpose of this activity, assume the lowest salary is the starting salary. 9.​ Should Albert attend one of these top tier colleges for engineering? If so, which one? Or should he look at lower ranked schools in TX? Explain your answer. www.ngpf.org​ Last updated: 8/28/24 3 Part II: Reflect 10.​ What are three important things to consider when choosing a college and career? www.ngpf.org​ Last updated: 8/28/24 4