1. Scarlett is trying to decide if she should attend college or not. Part of her decision will be based on the return on investment of college.
   1. She estimates that the per year cost to attend a local university in Texas including room and board is $26,346. She also assumes the costs of attendance will rise by 2.8% per year. How much is a 4-year degree going to cost Scarlett?

N
I/Y
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PMT
FV

2. Scarlett recognizes that not only will she have the costs of attending school but she will also be giving up a salary while she attends school. She figures the average salary for those with only a high school diploma is $30,500. She assumes she would receive a 3.2% cost of living raise each year. Determine how much money she will forgo while attending school.

N
I/Y
PV
PMT
FV

3. If Scarlett adds the cost of college with the salary, she will forgo by attending college she finds it will cost: __________________ in total. (Keep in mind that this does not include any interest on loans needed to pay for school).

4. Scarlett determine if it really is worth it to get a college education by comparing her ROI going to college and her ROI not going to college. After some research Scarlett discovers that for her career choice over the next 20 years she can expect to earn $2,400,000 with a degree and $600,000 without one. What is Scarletts 20-year ROI from going to college?

N
I/Y
PV
PMT
FV

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

1.

2.

3.

1. Identify at least 3 different job postings that you would be interested in using websites such as monster.com, indeed.com, careerbuilder.com, payscale.com, indeed.com, salary.com and others. Research and report on the starting salary, at least 3 of the responsibilities, and identify at least 2 qualifications for the job (degrees, certifications, etc.).

Job Title	Starting Salary Range	3 Responsibilities	2 Qualifications
		1. 2. 3.	1. 2.
		1. 2. 3.	1. 2.
		1. 2. 3.	1. 2.
Career website sources used in your search: