QQuestionBusiness Management
QuestionBusiness Management
A positive return on investment for education happens when:
A. your earnings are higher than the cost of your education
B. you calculate earnings after working for one year after college
C. you attend a public university and do not take out loans
D. you use federal student loans to attend a private college
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Answer
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Step 1Let's solve this problem step by step:
Step 2: Understand the Concept of Return on Investment (ROI) in Education
ROI in education is about comparing the financial benefits of obtaining an education to its total cost. This means looking at long-term earnings potential versus the initial and ongoing expenses of education.
Final Answer
A positive return on investment for education happens when your earnings are higher than the cost of your education. Key Insights: - ROI is a long-term calculation - It considers total lifetime earnings versus total educational expenses - Not all education automatically provides a positive ROI - Individual factors like chosen field, career path, and personal performance matter
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