Susan lives with her mother and is a secretary for a large architectural business. She earns \(\$ 27500\) per year. She dreams of being an architect, however. Salaries for new architects in her business start at \(\$ 44000\) per year. Susan has been accepted at several universities and believes she can graduate in four years (including summer school) unless she works part time, in which case she would need five years to graduate. She has been looking at university websites for several months, calculating the total costs for tuition, fees, room and board, books and supplies, and so on. She has ruled out all but one university because of the high tuition. Susan has estimated the following costs per year of attending university.

Although it seems like a lot of money, Susan believes her total cost over four years ( \(\$ 39600\) ) would be paid back before she finishes her first year working as an architect. Before she resigns from her job, she comes to you for your opinion.
Required:
Write Susan a letter describing how she should evaluate this decision. Make some tentative calculations using any of the above information you feel is relevant and assuming any additional information necessary to demonstrate how she should consider the monetary aspects of her decision. Disregard income taxes.

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Tuition and fees Room and board Books and supplies Car Clothes Miscellaneous Annual Cost $4180 3850 550 660 440 220 $9900