Going to college is the single best investment one can make in his life. On average, people who go to college end up earning twice the net worth in a lifetime compared to those who only possess a high school degree. Despite its high entry cost, college loans help making it affordable and scholarships provide a way for dedicated students to spend less money. Financially, a college diploma will take about 10 years to exceed the initial investment. However, it is important to consider what a person could have done in those 4 to 9 years which would be spent in college, this is called opportunity cost.
Milton Friedman said “There is no such thing as a free lunch”. This expression is often used to demonstrate that nothing is free, the harder
Milton Friedman said “There is no such thing as a free lunch”. This expression is often used to demonstrate that nothing is free, the harder