Test what you learned: Grad School vs Working key terms

3 quick questions on the terms from the Grad School vs Working calculator. Answer one at a time, then see your full results at the end.

Question 1 of 3

"Capitalized interest" means...

Interest that is permanently forgiven if you graduate on time A one-time fee charged when a loan is first disbursed Unpaid loan interest that gets added to your principal, so you then pay interest on it too The portion of interest that's tax-deductible each year

Pick an answer to continue.

Capitalized interest is unpaid interest folded into your loan's principal — after that happens, you owe interest on the interest too.

Question 2 of 3

"Future value" refers to...

The resale value of a diploma in the job market The starting salary listed in a job offer letter A fixed amount added to loans to account for inflation What money today will be worth later, after compounding at an assumed rate of return

Pick an answer to continue.

Future value is what today's money will be worth later, once it's had time to compound at an assumed rate of return.

Question 3 of 3

A "Direct Unsubsidized Loan" is...

A private loan that requires a co-signer with good credit A federal loan available only to graduate students in STEM fields A federal student loan that starts accruing interest immediately, unlike subsidized loans A loan that's automatically forgiven after 10 years of repayment

Pick an answer to see your results.

Direct Unsubsidized Loans start accruing interest immediately, even while you're still in school — unlike subsidized loans.

← Back to Grad School vs Working

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.