49.8k views
3 votes
Shannon qualifies for a federal student loan and plans to pursue a degree program at an out-of-state school. Which action will help Shannon reduce the cost?

1 Answer

6 votes

Answer:

Shannon qualifies for a federal student loan and plans to pursue a degree program at an out-of-state school. Which action will help Shannon reduce the cost?

Shannon needs to apply opportunity cost which entails giving priority to the most important among the choices available, it is expedient of Shannon to apply for the loan and pursue a school within reach where the cost is minimal within the state rather than out of state school which would cost more.

Step-by-step explanation:

User Tokarev
by
3.7k points