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Fixed & Variable College Costs

Fixed & Variable College Costs

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Here's how Fixed & Variable College Costs aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

STRAND 1: Students will understand basic economic concepts and develop economic thinking critical to making personal financial choices.

Standard 1: Understand how basic economic principles affect personal financial choices.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Fixed & Variable College Costs
Apply economic reasoning skills to make informed personal financial decisions, including opportunity cost (trade‑offs) and their role in decision‑making.

STRAND 3: Students will understand sources of income and the relationship between career preparation and lifetime earning power.

Standard 2: Understand and begin preparation for post‑secondary training and career.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Fixed & Variable College Costs
Calculate the costs of post‑secondary training options and analyze the return on investment (ROI) based on career choices.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 1: Identify and explain the process of budgeting based on projected income and expenses.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Fixed & Variable College Costs
Develop a budget that includes the following categories: spending/debt, savings, investing, charitable contributions (such as the 70‑20‑10 rule).
Define fixed, variable, and periodic budget categories.

Standard 5: Define the rights and responsibilities of buyers and sellers under consumer protection laws.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Fixed & Variable College Costs
Understand financial contracts tied to consumer purchases, such as cell phone, subscription fees, and membership fees.