Can a school wifi certificate track me at home?

At my school, when logging into wifi for the first time, we enter our ID & password into a normal wifi login page, then we download a certificate. I cannot confirm if the certificate changes depending on which student logs in. After downloading the certificate, we must install it as a **Trusted Root CA Certificate**. My Samsung phone says that "your network may be monitored" after installing this certificate. My main question is if this can: 1. Allow the school to see what websites i visit 2. Cause security vulnerabilities 3. Slow down my web browsing 4. Route my internet traffic through a middle man Thanks everyone for the help