Question

You could take a 15-week, three credit college course, which requires 10 hours per week of your time for $740 per credit hour in tuition. Or during those hours you could have a job paying $10 per hour. What is the net cost of the class compared to working? Based on your answer and the fact that the average college graduate earns nearly $28,000 per year more than a high school graduate, write a few sentences giving your opinion as to whether the college course is a worthwhile experience.

Answer 1

The cost of the class would be $740 x 3 = $2220. If you were to work instead, at $10 per hour for 10 hours per week for 15 weeks, you would earn $1500. So, the net cost of the class would be $2220 - $1500 = $720.

In general, a college degree can lead to higher earning potential and greater career opportunities, so in most cases, it can be considered a worthwhile investment. However, the decision to take a particular class should be based on individual circumstances and goals. If the class is relevant to your future career aspirations and you can afford the cost, it may be a good investment. However, if the class is not directly related to your career goals, or you are not able to afford the cost, it may not be worth it.