Please respond to the following questions using the business case: Bright Blue Scrubs: Going Back to School Please note that you will need Exhibit 1 from the case.
1.Using the information in the first two columns of Exhibit 1, calculate the projected annual cost of Jodi studying at Western State for two years and then transferring to Oakfield University.
2. Please calculate the total cost of Jodis education for each of the educational options in Exhibit 1.
3. Using all the financial information given in the case, as well as Jodis career aspirations, budget and time commitment, which path do you think Jodi should choose? Why?
REFERENCE:
Please use Harvard Business Publishing Main Case: Bright Blue Scrubs: Going Back to School By: Kenneth Eades, Safiya Sinclair, Gregory B Fairchild 
Bright Blue Scrubs: Going Back to School Jodi's Choice That night while Jodi cooked dinner, her head spun with all the different choices she had ahead of her. She had been researching at the computer all day since she'd returned from her meeting at the community college. She scratched out a rough monthly budget-she had about $3,000 in savings right now, and she calculated that monthly expenses for her and Andre were $1,700. Jodi booked over her choices: she could choose to get an associate's degree at Western State Community College, which had a lower time commitment than most other options, and would cost her roughly $4,000 in total, and had in-state tuition reductions. Once she got licensed as a registered nurse, she could start working at a slightly higher pay grade, and decide later in her career if she wanted (or needed) a bachelor's degree. Another option would be enrolling in Oakfield University, a private four-year university that she had applied to back in high school, before she'd gotten pregnant. Oakfield was her mother's alma marer, and a university that Jodi had her heart set on even now. It offered many different choices in classes, but also had a specialized BSN program that featured an accelerated track to a master's degree in nursing. Oakfield offered need-based financial aid as well as merit-based scholarships. 'Though four years was a bigger time commitment, once she graduated from Oakfield, it was likely that she would have more opportunities for advancing in her field and eaming a higher salary than if she got an associate's degree. Jodi wanted to take her chances and apply, but Oakfield's tuition was \$18,000 a year-not including room and board, books, fees, and other costs. Even though Oakfield was close enough to Jodi's home that she could commute for class, she wondered if she would be able to get enough financial aid, scholarships, or ruition reimbursement to cover the cost. If she was able to graduate and earn a salary that was twice what she earned now as an administrative assistant, was it worth the risk of taking out a private loan? She also considered enrolling in a transfer program at the community college to earn college credits, then transferring to Oakfield after two years. 'That way, she would only pay two years of Oakfield's tuition. 'This was still a four-year track that required a higher time commitment than a community college, but it would cost much less than going to Oakfeeld for the full four years, and she'd end up with the same degree at the end of two years. Her final option was to contemplate going to a vocational school and earning a certified nurse's assistant license in an eight-week course, and then working as an assistant at the health clinic to get some experience and try to save up enough money for Oakfield or another four-year university. She knew that a nurse's salary increased with each year of experience, $0 hands-on field work would be valuable in the long run. Jodi tried to make sense of everything in front of her by writing down all the different choices and financial nuances she now faced (Exhibit 1). Then she put it all in perspective: an ADN would be the less-expensive option, but might not offer her the same advancement opportunities as a BSN. However, Jodi could always start working with a diploma or an ADN now and ask her clinic whether it would offer tuition reimbursement to cover the educational costs of a registered-nurse-to-BSN program later. It was a hard choice, but after a week of thinking it all over, Jodi finally made a decision about what she was going to do next. Bright Blue Scrubs: Going Back to School Jodi's Choice That night while Jodi cooked dinner, her head spun with all the different choices she had ahead of her. She had been researching at the computer all day since she'd returned from her meeting at the community college. She scratched out a rough monthly budget-she had about $3,000 in savings right now, and she calculated that monthly expenses for her and Andre were $1,700. Jodi booked over her choices: she could choose to get an associate's degree at Western State Community College, which had a lower time commitment than most other options, and would cost her roughly $4,000 in total, and had in-state tuition reductions. Once she got licensed as a registered nurse, she could start working at a slightly higher pay grade, and decide later in her career if she wanted (or needed) a bachelor's degree. Another option would be enrolling in Oakfield University, a private four-year university that she had applied to back in high school, before she'd gotten pregnant. Oakfield was her mother's alma marer, and a university that Jodi had her heart set on even now. It offered many different choices in classes, but also had a specialized BSN program that featured an accelerated track to a master's degree in nursing. Oakfield offered need-based financial aid as well as merit-based scholarships. 'Though four years was a bigger time commitment, once she graduated from Oakfield, it was likely that she would have more opportunities for advancing in her field and eaming a higher salary than if she got an associate's degree. Jodi wanted to take her chances and apply, but Oakfield's tuition was \$18,000 a year-not including room and board, books, fees, and other costs. Even though Oakfield was close enough to Jodi's home that she could commute for class, she wondered if she would be able to get enough financial aid, scholarships, or ruition reimbursement to cover the cost. If she was able to graduate and earn a salary that was twice what she earned now as an administrative assistant, was it worth the risk of taking out a private loan? She also considered enrolling in a transfer program at the community college to earn college credits, then transferring to Oakfield after two years. 'That way, she would only pay two years of Oakfield's tuition. 'This was still a four-year track that required a higher time commitment than a community college, but it would cost much less than going to Oakfeeld for the full four years, and she'd end up with the same degree at the end of two years. Her final option was to contemplate going to a vocational school and earning a certified nurse's assistant license in an eight-week course, and then working as an assistant at the health clinic to get some experience and try to save up enough money for Oakfield or another four-year university. She knew that a nurse's salary increased with each year of experience, $0 hands-on field work would be valuable in the long run. Jodi tried to make sense of everything in front of her by writing down all the different choices and financial nuances she now faced (Exhibit 1). Then she put it all in perspective: an ADN would be the less-expensive option, but might not offer her the same advancement opportunities as a BSN. However, Jodi could always start working with a diploma or an ADN now and ask her clinic whether it would offer tuition reimbursement to cover the educational costs of a registered-nurse-to-BSN program later. It was a hard choice, but after a week of thinking it all over, Jodi finally made a decision about what she was going to do next
