Copy (ctrl+c) and paste (ctrl+v) this text and chart to a new post.
Cost/Benefit Analysis of Going to College (pg. 17 Econ Alive!)
|1. Cost of tuition, books, dorm and travel to school||1. Greater lifetime earnings with a college degree|
|2. Earnings lost by not joining the workforce full-time after HS||2. Better job opportunities once college is completed|
|3. Lost opportunity for on-the-job training and developing work skills||3. More opportunities to develop thinking, writing and professional development skills.|
|4. Less time to pursue non-academic interests and hobbies||4. More time to pursue academic interests|
|5. Less opportunity to spend time with old friends from high school||5. More opportunity to make new friends from different places|
|6. Less time for spending with family at home||6. More opportunity to make family proud|
1. In your chart, assign each cost and benefit a score of 1 (not very important to you) to 5 (extremely important to you).
2. Add your scores in each column. Costs total score = / Benefits total score =
3. What conclusions can you draw by comparing the results?
4. Go to this survey on Quia –> click here. Please transfer your cost/benefits scores to the survey. Make sure you include your name to get credit for the kickoff.
Spellcheck and add a relevant photo to your post.