Opportunity Cost

In Chapter 2, you learned about the concept of opportunity cost, and the Section 2.1 review video demonstrated this concept. In your initial post, respond to the following:

1) Describe the opportunity cost of attending a four-year college (assuming a full-time schedule, living on-campus).

2) Given these opportunity costs, why do people choose a four-year college experience?

3) In your own life, what are the trade-offs you face when choosing online classes versus traditional face-to-face classes?