Help T.J. determine if it really is worth it to get a college education by comparing his ROI going to college and his ROI not going to college. After some research John discovers that for his career choice over the next 20 years he can expect to earn $1.6 million with a degree and $809,000 without one. What is Johns additional benefit (ROI) from going to college? Determine this ROI 20 years after he finishes college.

N		Explanation:
I/Y
PV
PMT
FV

Is this is a good ROI or not? List at least 3 other factors besides ROI that John should consider.

1.

2.

3.