Suppose that you could work part-time and make $5,000 at a job you would volunteer to do.You live on campus instead of at home.What is the cost of going to school?

Question

Quizplus · Accepted Answer

The cost of going to school includes the opportunity cost of not working, which is $5,000, plus the cost of living on campus instead of at home, which is $6,200. Therefore, the total cost is $5,000 + $6,200 = $11,200.

Suppose That You Could Work Part-Time and Make $5,000 at a Job