Question
Asked Sep 3, 2019

What is the opportunity cost of attending college ?What happens in terms of opportunity cost as one gets more educated?  Eg. 2yr, 4yr degree, MS degree, PhD. What role does college choice  play in your analysis (Ivy league vs state school, the value of a college name etc)

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In terms of the opportunity cost, as one gets more educated such as earning a graduate degree or the postgraduate degree or the PhD, then we need to forgo an alternative mainstream subjects or career paths.  For example,  understanding the opportunity cost applied to the decision of attending a college for four years or simply forgoing it and working for  $35k per year after a high school. After four years, the total amount earned after completing high school would be approximately $ 140 (keeping incremental aside in wages or earning any bonus...

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