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Why does attending college involve an opportunity cost?

Ashley Howard

in Social studies

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Timothy Norman on June 13, 2018

There is a cost of attending a university. The time and money that you spend on your education is an opportunity cost. You might the same amount of money and time for something more. What else could I do? What type of lifestyle you could choose? What carrier would it be? All these questions lead to the concept of opportunity cost in this context.


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