The opportunity cost of going to college is the same for all students who receive full-tuition scholarships.

Question

Quizplus · Accepted Answer

While a full-tuition scholarship may cover the cost of tuition, there are still other costs associated with attending college such as room and board, textbooks, transportation, and personal expenses. Additionally, attending college requires a significant time commitment, which is an opportunity cost in itself as students could be using that time to work and earn money instead. Therefore, the opportunity cost of going to college can vary among students who receive full-tuition scholarships depending on their individual circumstances and priorities.

The Opportunity Cost of Going to College Is the Same