Opportunity Cost of Getting a Degree

Opportunity Cost of Getting a Degree

What is your opportunity cost of getting a degree? Think about these questions:

  • What is the benefit/satisfaction of the next best thing forgone?
  • Would you have paid tuition and school related expenses if you had done the next best thing?
  • Is opportunity cost of getting a degree the value of the next best forgone alternative or the sum of ALL the alternatives?
  • What is the difference between cost and opportunity cost of getting a degree