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Consider the costs of attending college. Write the costs (for example, tuition) in the appropriate column and estimate the amount of each cost. Sum the
Consider the costs of attending college. Write the costs (for example, tuition) in the appropriate column and estimate the amount of each cost. Sum the implicit costs and sum the explicit costs to get the totals for each one. Then, calculate the opportunity cost (explicit implicit) of attending college. Note answers will vary depending on cost data used and type of school chosen (ex public vs private, 4 year vs 2 year, etc.). Note you are not required to use all rows (try to use at least 3), and you can add more if needed. Also, it is natural for there to be more explicit cost than implicit cost
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