1. Calculate the opportunity cost of one extra year of college:

Tuition, room, board, books, fees, spending money ________ Plus your estimated salary upon graduation + ________ Equals opportunity cost of one extra year of college = ________ Is it worth it to you to work extra hours, take fewer credits, and graduate in five years, or would you be better off to not work a part-time job, take extra classes, and get an extra student loan to graduate sooner?