ROI (return on investment) for an analysis. An economic evaluation that broadly considers how to optimize the production of particular outcomes within budgetary constraints, given certain inputs, can guide such choices (Hummel-Rossi & Ashdown, 2002). However, there must be a desire to commit to a financial outlay once a decision is made. I made a decision to attend Ashford University in January of 2014. I am pursuing a BA in Operational Management and Analysis with a set graduation date of January
The economic concepts I applied to my paper were researching the cost and benefit analysis of college using marginal benefit, direct cost, opportunity cost and total cost. Research on marginal benefits are the extra wages a college degree student would earn more than a high school worker. On average the total extra wages that an associate’s degree student will earn in a working lifetime is approximately a million dollars more than a high student. An associate’s degree worker will earn on average
I will pursue a Bachelor’s Degree of Science in Business Management and Economics with a concentration in Accounting. Completion of these studies at Empire State College will allow me to achieve my personal and professional goals without compromising my life’s responsibilities. The goals that I have planned for myself are quite common. The main goal is to achieve the self-confidence and self-satisfaction derived from becoming an educated individual with increased knowledge and abilities. Educationally
they had expected from attending college and to some it has made them worst off. And, because of those negative outcomes advocated like Goldie Blumenstyk the author of “American Higher education in Crisis” explains why it happens and what to think of them. There are many complaints regarding higher education such as, the high expenses of attending, not being able to find a job, to much time being invested, and many more. With that being said, is it really worth attending college? To evaluate those concern
In 2016, 69.7 percent of high school graduates enrolled in college (Bureau of Labor Statistics). Many people have wondered whether too many students are attending college and whether or not you benefit from a college education. Some argue that attending college provides experiences not found in the workforce and that it prepares students for the careers changes they are likely to have. Yet, people also argue that college costs too much so students should go straight into the workforce. All these
My Reasons for Attending College College is many things to many people. For some it is a time for fun and socialization. For others, it is a time for personal and professional development. In my case, (a husband, a father, and a proud member of the U.S. Navy) college represented an opportunity for both personal and professional development. The purpose of this narrative essay is to examine my decision to earn a college degree, specifically examining my three main reasons (higher earning potential
conducting a research study about college completion, I must generate a hypothesis that correlates with the situation that college students are facing when it comes to them finishing their post-higher education. Within reading the U.S Department of Education statements about the college completion rate for students with low economical and higher- economical background helps me set my hypotheses, Economical background affects graduation rates. Within my research study for college completion, I would use the
Gillette Philosophy 08 May 2017 Decision Analysis Introduction: An important decision that I have had to make recently is making the decision of what college I will be attending after I finish here at Blue River. Deciding on what college to attend next involves a few things; it involves more than one good option, uncertainty or chance to the outcomes of each option, and contains balance. Picking a college is a hard decision. Choosing the right college for someone has several things to think about
rising cost of a higher education is a continuously growing issue today. Tuition prices are rising faster than housing prices, consumer prices, and hourly wages. At this rate, it is becoming increasingly harder for the average American family to afford the costs of attending college. So what is causing the price of college to spike up so quickly? The figure below shows how tuition fees soared approximately 12 times over the 1978 consumer price index, which means that costs of attending college
Free Community College, also known as President Obama’s America’s College Promise Plan, has gained much publicity recently due to the increasing cost of attending a post-secondary institution. The America’s College Promise Plan initiative is designed to enable all students the access to enroll in a community college for free. This research study aims to explore the impact the word “free” means to high school students regarding attending a community college. This literature review will give a brief