slides for education lesson

1. Paying for Education and Training

2. Average College Costs Sample Average Undergraduate Costs, 2005-06 Four Year Public Institutions $16,357 Resident . . . . . . . . . . . . . . . . . . . . . . . . . . $26,304 Out-of-State . . . . . . . . . . . . . . . . . . . . . . . Four Year Private Institutions $33,301 Resident . . . . . . . . . . . . . . . . . . . . . . . . . Source: College Board’s Trends in College Pricing, 2006 7-H

3. North Dakota College Costs Bismarck State College $9,933 MolerBarber College of Hair Styling $10,204 CankdeskaCikana College $8,930 North Dakota State College of Science $8,930 Dickinson State University $10,264 North Dakota State University $13,070 Fort Berthold Community College $7,140 Rasmussen College – Bismarck and Fargo $15,198 The Hair Academy $13,959 Salon Professional Academy $18,258 Headquarters Academy of Hair Design $13,865 Sitting Bull College $9,008 Trend Academy (DBA RD Hairstyling College) $19,715 Trinity Bible College $18,410 Jamestown College $20,885 Turtle Mountain Community College $6,064 Josef's School of Hair Design, Fargo $13,771 University of Mary $17,910 Josef’s School of Hair Design, Grand Forks $13,771 University of North Dakota $12,718 Lake Region State College $9,408 UND School of Medicine and Health Sciences $35,373 Mayville State University $10,726 United Tribes Technical College $7,380 Medcenter One College of Nursing $16,171 Valley City State University $10,829 Minot State University $11,294 Williston State College $8,330 Minot State University – Bottineau $9,002

4. Education Funding Options *College Savings * Scholarships and Grants * Federal Education Loans * Private Education Loans * Work-Study Programs * Tuition Assistance from Employer * Military Programs

5. Education Earnings Bureau of Labor Statistics, 2006 7-I

6. NEFE High School Financial Planning Program How Much is Attending Class Worth? Worklife earnings estimates by highest level of educational attainment 4.4 3.4 Millions of 2006 dollars 2.5 2.1 1.6 1.5 1.2 1 Some high school, no degree High school diploma, or equivalent Associate Degree Professional Degree Doctoral Degree Master’s Degree Bachelor’s Degree Some college, no degree Source, US Census Bureau, current population survey, educational attainment in the US. 2005 7-J

7. Typical Employee Benefits 1 of 2 Hospitalization, Medical, and Disability Insurance Dental and Vision Insurance Accidental Death Insurance Sick Leave Paid Vacation Time and Holidays Parental Leave More 7-K-1

8. Typical Employee Benefits 2 of 2 Worker’s Compensation Insurance Life Insurance Retirement Benefits Retirement Savings Plans Employee Assistance Programs 7-K-2

9. Factors that Can Affect Your Earning Potential Promotions Being Fired Being Laid Off Additional Training Advanced Degrees A New Job Business Downturn Relocation Changing Careers Life-Changing Situations Business Upturn What other factors can you think of? 7-L

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