(Answered) What is the cost benefit analysis of getting your masters

Management Studies

What is the cost benefit analysis of getting your masters degree? Include the opportunity cost of pursuing the degree as well as the accounting costs like books, tuition, transportation etc. Also need to discount the future value of expected raises, promotions etc. Using data below;

	Pay		Do Nothing
	(benefit)	(cost)	(benefit)	(cost)
Current Salary	$50,000		$40,000

Potential Salary	$25,000		$10,000

Tuition		$19,800		N/A

Books/Admin		$2,200		N/A

Gas/Tolls		$2,000		N/A

Fast Food		$1,000		N/A

Total Benefit	$40,000		$50,000

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