Test what you learned: College vs Bootcamp/Trade School key terms

3 quick questions on the terms from the College vs Bootcamp/Trade School calculator. Answer one at a time, then see your full results at the end.

Question 1 of 3

"Capitalized interest" means...

Interest that's automatically waived for bootcamp students A fixed interest rate that never changes over the loan's life Unpaid loan interest that gets folded into your principal, so it starts earning interest too The interest portion of a loan that's always tax-deductible

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Capitalized interest is unpaid interest that gets folded into your principal — after that, you're paying interest on the interest too.

Question 2 of 3

"Cost of attendance (COA)" is...

Only the tuition portion of school costs, excluding housing The amount of financial aid a student is guaranteed to receive The average starting salary graduates earn after attending The full sticker price of a year of school — tuition, fees, housing, and more

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Cost of attendance is the full sticker price for a year of school — tuition, fees, housing, and other costs combined, before any aid is applied.

Question 3 of 3

"Future value" refers to...

The resale value of textbooks after a course ends A school's projected enrollment for the next academic year The value of a degree exactly one year after graduation What money is worth later, after growing at an assumed investment return

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Future value is what money is worth later, once it's compounded at an assumed rate of return — key to comparing paths with different timelines.

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This quiz is a learning aid, not a certification or formal assessment. GetRealTerms provides general estimates for informational purposes only — nothing here is tax or financial advice.