ACTIVITY 1

STUDENT'S CHOICE

Connie plans to attend a state college and study to become an elementary teacher. Listed below are the costs of her choice.

Year *Direct Costs of College*: Opportunity Costs (Lost Wages)
Year One $ 8,000 $16,000
Year Two $ 8,500 $16,500
Year Three $ 9,000 $17,000
Year Four $ 9,500 $17,500
Total $35,000 $67,000

Compute the total cost of Connie's decision (College Costs + Opportunity Costs)

$_________________________

* Includes room, board, tuition, books and supplies, personal expenses, also includes projected inflation for each year.

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