(Answered) Your comments has to be more than five5 sentences based on

Economics

Your comments has to be more than five(5) sentences, based on researched facts and logical analysis to earn the credit.

Opportunity cost of college education

Many college students have a doubt about staying in the college. Because the cost of college education is creeping up and many financially successful business people do not have college education.(successful stories of college drop outs such as Bill Gates,Steve Jobs, Larry Ellison, Michael Dell etc.)

Equally it's true that many successful people have a solid college education background such as Warren buffett.

Do you think a college education is still a good investment for future financial payoffs?

1) what's the opportunity cost of typical college education? what's your opportunity cost?

2) Compare earning potentials between high school and college graduates through life time active career.

3) what's your opinion about staying or dropping out from the college?

4) Since the future will be highly technology oriented, will the higher education be very necessary ? Because the robot with artificial intelligence can replace many jobs of human labor in the future.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92366710
Price:- $25

Verified Expert

Priced at $50 Now at $25, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

As a wealthy graduate of the university you have decided to

As a wealthy graduate of the University, you have decided to give back to the University in the form of a scholarship. You have decided to donate a one-time gift of $500,000 that will be invested at a rate of 5.5% per ye ...

Sally purchases hardwood lumber for a custom

Sally purchases hardwood lumber for a custom furniture-building shop. She uses three suppliers, Northern Hardwoods, Mountain Top, and Spring Valley. Lumber is classi ed as either clear or has defects. Sally estimates tha ...

A cartel is branch of an oligopoly there are still a

A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum industries are examples are oligopolies. However, the main differe ...

Explain a situation using the supply and demand for skilled

Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college education wi ...

Question1 indirect business taxes refer todepreciation

QUESTION1 (Indirect business taxes refer to) depreciation expenses. sales and local taxes paid by business. payments for low-skilled labor. dividend taxes paid by the corporation. QUESTION 2 (Labor productivity increases ...

A particular manufacturing process is known to produce 03

A particular manufacturing process is known to produce 0.3 proportion defective items. Suppose that a sample of 10 items produced by this process are selected at random. (a) The probability that the sample will contain e ...

Find the minimum sample size necessary to be 99 confident

Find the minimum sample size necessary to be 99% confident that the population mean is within 3 units of the sample mean given that the population standard deviation is 29. (a) What is the critical value that corresponds ...

You are the manager of a firm that produces and markets a

You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic products in your market, you also compete against major brands such ...

A company is to hire two new employees they have prepared a

A company is to hire two new employees. They have prepared a final list of twelve candidates, all of whom are equally qualified. Of these twelve candidates, seven are women. If the company decides to select two persons r ...

What do the terms external costs full cost accounting and

What do the terms external costs, full cost accounting, and neoclassical refer each refer to?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert