College, Career and Borrowing Plan TASK DESCRIPTION: Based on the information obtained from , students are asked to develop a college, career and borrowing plan that places them in the meaning that they are able to keep student loans to “green,” the anticipated first year salary amount or less. DIMENSIONS EXEMPLARY 5 COMPETENT 3 BEGINNING 1 The college choice is a The college choice is a good The college choice is a good option for the option for the intended poor option for the College Choice intended major. It is major. It may not be intended major. It is not affordable based on affordable based on current affordable based on current current projections of projections of cost. projections of cost. costs. With the selected With the selected college, With the selected college, Career Plan college, anticipated anticipated first year salary anticipated first year salary first year salary meets barely meets or narrowly does not cover anticipated or exceeds anticipated misses anticipated borrowing amount. borrowing amount. borrowing amount. The student The student demonstrates an The student does not demonstrates an understanding of the demonstrate an Borrowing understanding of the borrowing process and has a understanding of the Plan borrowing process and plan that is adequate to keep borrowing process and has a plan that is borrowing to close to the does not have a plan that is sufficient to keep amount of anticipated first adequate to keep borrowing to the year salary. borrowing to the amount of amount of anticipated anticipated first year salary. first year salary or less.
College, Career and Borrowing Plan TASK DESCRIPTION: Based on the information obtained from , students are asked to develop a college, career and borrowing plan that places them in the “green,” meaning that they are able to keep student loans to the anticipated first year salary amount or less. DIMENSIONS EXEMPLARY 5 COMPETENT 3 BEGINNING 1 College Choice The college choice is a good option for the intended major. It is affordable based on current projections of costs. The college choice is a good option for the intended major. It may not be affordable based on current projections of cost. The college choice is a poor option for the intended major. It is not affordable based on current projections of cost. Career Plan With the selected college, anticipated first year salary meets or exceeds anticipated borrowing amount. With the selected college, anticipated first year salary barely meets or narrowly misses anticipated borrowing amount. With the selected college, anticipated first year salary does not cover anticipated borrowing amount. Borrowing Plan The student demonstrates an understanding of the borrowing process and has a plan that is sufficient to keep borrowing to the amount of anticipated first year salary or less. The student demonstrates an understanding of the borrowing process and has a plan that is adequate to keep borrowing to close to the amount of anticipated first year salary. The student does not demonstrate an understanding of the borrowing process and does not have a plan that is adequate to keep borrowing to the amount of anticipated first year salary.
Money%20Matters%20-%20The%20Role%20of%20College%20Costs%20and%20Career%20Salaries%20in%20Decision%20Making.docx