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A degree program costs $50,000 in total expenses. $30,000 in tuition and $20,000 in housing and books. The US government provides a grant for $10,000
A degree program costs $50,000 in total expenses. $30,000 in tuition and $20,000 in housing and books. The US government provides a grant for $10,000 of the tuition. Moreover, the university pays $20,000 of the $30,000 tuition in salary to your instructors. Being in the program is so muc fun, you are willing to to pay a net of $5,000 for the pleasure. What is the net cost of the education to you?
Please provide solution and answer;)
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