Earnings in comparison to non-college graduates

Assignment Help Business Economics

Reference no: EM131806340

One aspect of obtaining a college education is the prospect of improved future earnings in comparison to non-college graduates. Sharon Shay estimates that a college education has a $28,000 equivalent cost at graduation. She believes the benefits of her education will occur throughout 40 years of employment. She thinks that during the first 10 years out of college, her income will be higher than that of a non-college graduate by $3000 per year. During the subsequent 10 years, she projects an annual income that is $6000 per year higher. During the last 20 years of employment, she estimates an annual salary that is $12,000 above the level of the non-college graduate. If her estimates are correct, what rate of return will she receive as a result of her investment in a college education?

Reference no: EM131806340

Questions Cloud

Determine at least three possible economic and social steps : Determine three possible economic, social, or political steps that developing countries overall can take to extricate their poor citizens from this dilemma.

What rate of return did he receive on his investment : He received no dividend for the ninth year. At the end of the ninth year he sold his stock for $6000. What rate of return did he receive on his investment?

Continue the presentation started in the first module : Continue the presentation started in the first module by examining a second topic

Would flexible or a more formal structure : Would a flexible or a more formal structure be appropriate for these organizations:

Earnings in comparison to non-college graduates : One aspect of obtaining a college education is the prospect of improved future earnings in comparison to non-college graduates.

Combine the various consequences : Combine the various consequences into a cash flow table and compute the rate of return. Nonfinancial benefits are probably relevant here too.

Impact-the externalities have on social cost of natural gas : Identify three negative externalities associated with the hydraulic fracturing (fracking) of natural gas. What impact do these externalities have on the social?

Prepare a suggested price list for the albany area : Prepare a suggested price list for the Albany area. Consider only one-separation rounds and two-separation rounds or ovals

Write about violence associated with illegal narcotics : Write about Violence Associated with Illegal Narcotics. Project will include 5 pages of content excluding cover page, abstract, table of contents and reference.

User Account

All Pages