What Does Not Enter into the Present Value Calculation of a College

question 16

Multiple Choice

What does not enter into the present value calculation of a college degree?

• A) the cost of college tuition
• B) the cost of books
• C) wages of college graduates
• D) lifetime wages of noncollege graduates
• E) the value of one's scholarships

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Definitions:

Psychological State

A person's current mental and emotional condition.

Educational Programs

Structured sets of learning activities or curriculum designed to teach specific knowledge or skills.

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful.

Staged Manipulation

An experimental manipulation involving scenarios, role-playing, or simulations to create the conditions necessary for testing hypotheses.