Question
School costs money. Is this an expenditure that you should have avoided? For in-state students, a year of tuition at a public four-year university costs
School costs money. Is this an expenditure that you should have avoided? For in-state students, a year of tuition at a public four-year university costs about $9,410, and a year of tuition at a public two-year college costs about $4,130. If you did not go to college, you might avoid mountains of school-related debt. In fact, each year, about 600,000 students decide to drop out of school. Many of them never return. Suppose that you are working two jobs and going to college, and that you are not making ends meet. Your grades are suffering due to your lack of available study time. You feel depressed.
Should you drive on, even if it means a lower GPA? Should you drop out of school? Reduce your course load? What are some other options? What financial and nonfinancial factors do you need to consider?
some kind of incremental analysis in providing support for your view. Be sure to incorporate the chapter vocabulary: opportunity cost, relevant costs, sunk cost.
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