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Youare considering going to graduate school next year.Tuition will be $50,000 and you will forego $40,000 in earnings that you could earn if you work
Youare considering going to graduate school next year.Tuition will be $50,000 and you will forego $40,000 in earnings that you could earn if you work instead of going to school.If you continue in school, you will work for 45 years and earn $10,000 per year more than if you don't go to graduate school.What should you do if
a.If you can borrow money at 10%?
b.If you can borrow at 5%?
c.If you can borrow at 10% but only earn $5000 more per year?
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