| A | B |
| Proprietary School | privately owned school that operates for profit for those seeking vocational training. |
| Prosperity | stage in economic cycle, relatively low unemployment & high total income prevail, leading to high purchasing power: more spending. |
| Recession | a period of declining economic growth |
| Recovery | stage in the economic cycle where employment and production begin to rise to normal levels after a slump. |
| Regional Economy | economic activities belonging to or characteristic of a geographic region |
| Room And Board | cost of housing and food while attending college or career school. |
| Scholarship | Money awarded to students based on academic or other achievements to help pay for education expenses. Scholarships generally do not have to be repaid. |
| Scholastic Aptitude Test (SAT) | a test that measures the critical thinking mathematical, reasoning, and writing skills students need to do college-level work |
| Self-Directed | Directed or guided by oneself, especially as an independent agent |
| State Economy | economic activities belonging to or characteristic of a state |
| Technical School | general term used for two-year college which provide mostly employment-preparation skills for trained labor, such as welding, culinary arts and office management. |
| Trade School | a vocational school, also called a trade school, is a higher-level learning institution that specializes in providing students with the vocational education and technical skills they need in order to perform the tasks of a particular job. Students typically earn a credential or a certificate |
| Transition | a process or period in which something undergoes a change and passes from one state, stage, form, or activity to another |
| Trends | a direction of movement. |
| Tuition | a sum of money charged for teaching or instruction by a school, college, or university. |
| Undergraduate Program | college program leading to an associate (2-year) or a bachelor's (4-year) degree; generally following high/secondary school. |
| University | a collection of colleges, has undergraduate programs which award bachelor degrees and graduate program for masters’ degrees and doctorates. |
| Volunteer | a contribution of free labor, usually to a non-profit organization |
| Volunteer Experiences | Unpaid experiences; students work to get experience, contacts, or help out. The experiences are not necessarily career related and not usually supervised by school personnel. |
| Work-Based | the duties or activities that are part of a job or occupation |