Difference in labor market earnings in each year

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Briefly explain how each of the following factors affect 17 year old Bob's decision to go to college: (a) his discount rate, (b) the difference in labor market earnings in each year post-college between what Bob would earn with and without the college degree, (c) tuition and the cost of books, (d) his likely earnings in the next four years if he doesn't go to college, and (e) his anticipated retirement age.

Reference no: EM131094662

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