The opportunity cost of attending college
A) consists of the tuition costs only.
B) consists of the tuition costs plus the costs of room and board and other expenses.
C) is zero,if the student receives a scholarship that covers the costs of tuition,room and board,and other expenses.
D) varies from person to person.
E) both b and c

Question

Quizplus · Accepted Answer

The opportunity cost of attending college varies from person to person, as it depends on individual factors such as lost income from not working, time spent studying instead of doing other activities, and potential alternative career paths that may have been pursued instead of going to college.

The Opportunity Cost of Attending College