Suppose Fatima just finished secondary education and would like to decide whether to get a two-year above intermediate degree, a four-year college education or to find a job with her current education level. The cost of attending any additional year of education is $300 per year and the current interest rate is 10%. Fatima expects to get married and leave the labor market 6 years from now. She faces the option of a salary of $1,000 with an above intermediate degree, $1300 with a college degree, and $400 with a secondary education per year for any and all years of her work career. Supposing that Fatima values money only and does not care what type of work she does, which degree, if any, will she choose to obtain and why?|