| A | B |
|---|
| Accuplacer/ASSET | Advising |
| Adaptation | the process or state of changing to fit a new environment or different conditions |
| Apprenticeship | One bound by legal agreement to work for another for a specific amount of time in return for instruction in a trade |
| Armed Services Vocational Aptitude Battery (ASVAB) | is a test developed and maintained by the United States Department of Defense. |
| Associate's Degree | 2 year college degree from a community college |
| Bachelor's Degree | 4 year college degree from a university/college earned by completing undergraduate coursework and are awarded in specific concentrations. |
| Career & Technical Education | educational programs that specialize in the skilled trades |
| Certifications | an official document that gives proof and details of something such as personal status |
| Changing Economy | a transformation that occurs within an economy |
| College | post-secondary institution offering a collection of degrees in one specific area; also an undergraduate division or school in a university. |
| Community College | postsecondary school with up to 2-year programs leading to certificates |
| Competency | the quality of being adequately or well qualified in a skill or ability. |
| Correlation | a relationship in which two or more things are mutual or complementary |
| Credential | a professional or industry certification proving a person's qualifications |
| Depression | extended period of negative economic activity; unemployment |
| Diverse Economy | economy composed of many ethnic |
| Doctoral Degree | postgraduate academic degree awarded by universities |
| Dual Enrollment | involves students being enrolled in two separATE SCHOOLS |
| Economic Cycle | the natural fluctuation of the economy between periods of expansion and contraction. Factors such as gross domestic product |
| Economy | the wealth and resources of a country or region |
| Formal Assessment | standardized written or performance test of knowledge |
| Formal Learning | done or carried out in accordance with established or prescribed rules |
| Free Application for Federal Student Aid (FAFSA) | Federal Student Aid |
| Function | an activity or role assigned to somebody or something |
| Global Economy | the interdependent economies of the world's nations |
| Graduate Degree | college program leading to a master's degree or doctoral degree; advanced study generally following a bachelor's degree. |
| Grant | financial aid that doesn’t have to be repaid (unless |
| Independent Learning | a method or learning process where learners have ownership and control of their learning |
| Inflation | a sharp increase in the costs of goods and services. |
| Informal Learning | not officially prepared |
| Internship | an assistant or trainee working to gain practical experience in an occupation |
| Loan | borrowed money you must repay with interest. |
| Local Economy | economic activities of the locale in which you live |
| Master's Degree | an academic degree from a college or university for those who complete at least one year of prescribed study beyond the bachelor's degree. |
| Military | special skills may be developed through educational programs in the armed services. |
| National Economy | economic activities belonging to or characteristic of a nation |
| On-the-Job Training | Employee training at the place of work while he or she is doing the actual job. |
| Preliminary Scholastic Aptitude Test (PSAT) | a practice test that measures the critical thinking |
| Proprietary School | privately owned school that operates for profit for those seeking vocational training. |
| Prosperity | stage of expansion and growth in economic cycle |
| 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 & 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 |
| Self-Directed | Directed or guided by oneself |
| 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 |
| Trade School | a vocational school |
| Transition | a process or period in which something undergoes a change and passes from one state |
| Trends | a direction of movement. |
| Tuition | a sum of money charged for teaching or instruction by a school |
| 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 |
| Volunteer | a contribution of free labor |
| Volunteer Experiences | Unpaid experiences; students work to get experience |
| Work-Based | the duties or activities that are part of a job or occupation |
