10.1 You are trying to decide whether to take a job after you graduate or go onto graduate school.

Consider the following questions as you make your decision.

A. Which of these costs, for the most part, would be relevant (R), and which would be irrelevant (IR)?

◦ Cost of your undergraduate education

◦ Salary with an undergraduate degree

◦ Salary with both an undergraduate degree and a graduate degree

◦ Rent

◦ Car Insurance

◦ Graduate school tuition and fees

◦ Food costs

◦ Moving expenses B. Which of these costs could have a differential amount that is relevant/irrelevant, depending upon the location and or policies of your new job?