Which Statement Is True About Becoming a Student in Midlife

question 19

Multiple Choice

Which statement is true about becoming a student in midlife?

• A) Most adult learners are middle-aged men.
• B) Life transitions often trigger a return to college in midlife.
• C) The sharpest rise in adult college enrollment is among 25- to 30-year-olds.
• D) In U.S. colleges, students over age 25 make up about 15 percent of total enrollment.

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Definitions:

Current Liabilities

Current liabilities are obligations a company must pay within one year, including accounts payable, short-term loans, and taxes owed.

Note Issuance

The process of creating and distributing a debt security or promissory note, promising to pay back a specified amount of money at a future date.

Face Amount

The nominal value of a security stated by the issuer, for example, the value printed on the face of a bond.

Interest Rate

The percentage of a loan charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage rate.