Question
hello I need help with my economics long discussion. Prompt: What's the opportunity cost of typical college education? what's your personal opportunity cost? Compare earning
hello I need help with my economics long discussion.
Prompt:
What's the opportunity cost of typical college education? what's your personal opportunity cost?
Compare earning potentials between high school and college graduates through life time active career.
What's your opinion about staying or dropping out from the college? Will the possible forgiveness of student loan affect your decision on staying college?
Since the future will be highly technology oriented, will the higher education be very necessary ? Because the robot with artificial intelligence can replace many jobs of human labor in the future.
On the other hand, suppose you are a brilliant, successfulvalue investorof young Warren Buffett who is a founder of Birkshire Hathaway(BRK.A). You think that college education isunnecessary, because the opportunity cost of staying a college is too expensive. The reason is that the financial gain of investing on one company with your college tuition will be far greater than the earning potential with a college degree for the next three decades. If so, which one company to invest on for the next three decades will make you give up college education? Do you think which company will replace the success of Birkshire Hathaway for the next three decades? ( Benjamin Grahm'sValue investment: invest on a company with great product, great management, great financial condition with low debt, and great consistent past earning record and consistent future earning potential with protection of industry entry barrier)
NO REFERENCE NEEDED
THANK YOU FOR YOUR HELP!
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