Unemployment Rate Median Weekly Earnings Median Annual Income (Taken from Chart (@ 52 weeks of pay) Doctoral Degree $82,732 Professional Degree $85,228 Master's Degree $68,952 Bachelor's Degree $57,252 Associates Degree $41,184 Some College, No Degree $38,532 High School Diploma $34,736 No High School Diploma $25,376 Average of All Workers $43,628 Scenario: Carlos is a senior in high school who is trying to decide if he wants to go to college. Carlos wants to become a dentist but is unsure if he can afford to spent the time and money to go to school to obtain his DDS (Doctor of Dental Surgery) degree Carlos works part time at a local restaurant and has the opportunity to become a shift leader if he commits to his job full time and chooses not to go to college Prompt: Should Carlos choose to go to college or choose to work full time at the restaurant? Expectations: Using your knowledge of opportunity cost, cost benefit analysis, scarcity, and economic choices craft a well written and defensible response to the prompt in no less than one paragraph