What Is a Major Opportunity Cost of Going to College

question 351

Multiple Choice

What is a major opportunity cost of going to college on a full-time basis?

• A) the cost of transportation to college instead of to a job
• B) the cost of living expenses (room and board) to attend college
• C) the forgone income that would have been earned working in a full-time job
• D) the greater income that will be earned from having a college degree

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Definitions:

Legal Relief

Assistance or redress provided to a party in a legal dispute, through methods such as monetary compensation, injunctions, or declaratory judgments.

Fair Housing Act

A U.S. law passed in 1968 that prohibits discrimination in the buying, selling, renting, or financing of housing based on race, religion, national origin, or sex.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

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An economic segment that deals with the buying, selling, and leasing of properties, including houses and apartments.