Opportunity Cost In College

Words: 416

Pages: 2

Opportunity costs is also something that economists takes in consideration. Basically, what opportunity cost is what a person sacrifices when they choose one option over the another. Opportunity cost is the cost we pay in order to get something.

Should I go to work today? Should I go to college? These are decisions that we make. However, what is the cost of our decisions. In economics we call this the opportunity cost.

What is the opportunity cost of going to college? Senior year in high school tends to be the big year when we have to make a important decision of whether or not we will going to college. This is the time when parents have this conversation with their children. While making this decision it is important to know both the advantages

Show More

College Degree Is Worth The Cost: Article Analysis

Yes, a College Degree Is Worth the Cost When one talks about the cost of college, they are not just talking about finance. They also imply sacrificing family and time. According to Roger Vedder an economist at Ohio University said, “College isn’t only a good investment but probably a very satisfying experience for life” (qtd in Brown). In the article Is college worth soaring in student debt written by Jeffery brown , a young boy family is struggling to put him through school…

Words 647 - Pages 3

College Tuition Cost

school seniors possess towards college can sometimes be melancholy, especially for those who are uncertain of their career paths and are trying to make their time spent in college the most efficient. Furthermore, these expenses also discourage students from attending college. The primary reasons that college tuition costs are unmanageable are because of the monetary shortage that most college-age students are afflicted with and that the means to compensate for college expenses are entirely insufficient…

Words 1187 - Pages 5

Explain Why College Is Worth The Cost Of Education Essay

There have been many inspirational stories of millionaires who were college dropouts, which raises the question if college is really worth the cost. College is worth its cost because it allows students to learn new skills to help prepare them for a job, and the returns after college exceed the initial investment. Firstly, colleges are worth the cost as they give students the opportunity to learn a wide variety of skill sets that could be applicable to many jobs. Students have the freedom to follow…

Words 915 - Pages 4

Study guide Essay

Is college worth the cost? This is a question asked by nearly every student as they come to deciding the next step of their future. In the debate, many have pointed to decreased job and financial security, coupled with increased college tuition, as big arguments against the value of a college education. But some still insist that college is an experience worth having, for both personal and professional reasons. Ultimately, the question of whether college is worth it depends on the individual – and…

Words 580 - Pages 3

12th-Grade-Free College Benefits

ingredients of a few things that paying for college causes. In the United States students are forced to pay for college and live with the idea of how they are going to pay the loans. More than half the country has had difficulties paying which has set young adults to be in possible failure throughout college. Everyone in the world has a different mindset which means they have different talents that can be used for different careers in college, but because of the cost they are put in paused or have to settle…

Words 1197 - Pages 5

College Essay

the bottom quarter of family income went to one of the 238 most selective colleges, compared with 78 percent of students from the top quarter (Markell). Certainly, these numbers show that students that come from low income families aren’t getting the opportunities that they deserve. With college costs going nowhere but up, students from low-income families face tough decisions. Some students choose to attend community college while some make the decision to take out additional loans. There are also…

Words 1608 - Pages 7

The Pros And Cons Of Student Loan Debt

practicality becoming the new student loan debt relief option? A college education is part of the American dream in finding the 'perfect' job to support growing families. Earning potential plays a big role in choosing a major. Employment opportunities and salaries are key factors in choosing not only a major but also which school to attend. It is hard to avoid the idea of how money plays an even greater role now in selecting a college to attend. With the recent federal student loan interest rate increase…

Words 559 - Pages 3

Three Reasons Why People Should Go To College

People Should Go To College By Pohai Wessel “Education helps us be better people. It helps us be better citizens. You came to college to learn about the world and to engage with new ideas, and to discover the things you’re passionate about.” -Barack Obama. This essay will explain how college gives you the opportunity to earn more money, gain independence, and will prepare people for jobs opportunities. This essay will explain the benefits of going to college, and why college is worth all of the…

Words 440 - Pages 2

The Investment Essay

Brzostowski Lone Star College-Cyfair Author Note This essay was prepared for Professor Guthrie’s English 1302 course. Bachelor’s Degrees Are Not Overrated The summer before freshman year of college is ending and nerves are setting in for kids waiting to take on their new adventure. College can be a scary place for some, but the experience is one in a million. Dorm rooms, new friends, new places, and taking that next step into adulthood are what kids are dreaming for in the college of their choice…

Words 1878 - Pages 8

Should Everyone Go To College

Summer Simon Mrs. Layton English 2010 26 February 2024 Are Community Colleges Worth It? Topic Introduction It is commonly believed that community colleges are rejected for drop-outs. When considering where to go to school, high schoolers are typically told that attending local schools means failure. Community institutions are often seen as a lesser option that is not as valid or educational for students. Community colleges are undergraduate higher education institutions that usually provide associate…

Words 3567 - Pages 15