Was it worth attending university

Reference no: EM13288343

You graduate from university today. Looking back, you realize that your university education cost you $160,000 in fees and forgone income. For the next 40 years, without going to university you would make $60,000 a year, whereas with university education, your annual income will be $80,000 a year. The opportunity cost of capital equals 6 percent. Was it worth attending university? Why or why not?

Reference no: EM13288343

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