Topic 6: Opportunity Cost of a College Education

Mrginal analysis is basically when consumers make decisions and they consider about the next unit of something, which is basically thinking about the next unit, or next period of time while comparing benefits and costs.

According to the video, the video illustrates two opposing argument of how one side believe graduating college should be getting a free ticket of better future and the other side opposes it.

In terms of marginal cost, some students leave college after one year because even with financial aid, some students cannot afford the tuition. Moreover, they probably chose work over getting education. Because after comparing and further analysis of one’s own future, going to college is basically spending money and getting education, but if you work you are actually earning money.

Some might say you need to invest in yourself, but is college really worth it or is it a good life?

To be honest, I actually did think about not going to college, because if going to college is to get me a better job in order to get me a better future. Isn’t it more effective if I actually start working and gain experience after graduated from high school and with that four years experiences, I think I will actually get a decent job. But my mom told me that my options will be limited by then. Because I basically not know how to do a lot of thinks what other people know how to do.

Hence, I think I might still go to college.