Investing in Education Video

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Investing in Education

Are you planning to go to college? What are the costs and benefits of college? Cost/benefit analysis is the process of examining the advantages (benefits) and disadvantages (costs) of each available alternative in arriving at a decision. The price tag of a college education keeps climbing higher every year. In fact, the price of a college education is climbing at a faster rate than the average price level of other goods and services. So, is a college education is really worth the price? In other words, do the costs outweigh the benefits?

Economists think of a college education as an investment in human capital. They define human capital as the knowledge and skills that people obtain through education, experience, and training. 

  1. To learn more about human capital, view this video: www.econedlink.org/interactives/index.php?iid=230&type=student Links to an external site.
  2. Take the quiz at the end of the video
  3. Use Print Screen and Paint to paste you score on the quiz onto a Word document.
  4. Add your name and block number and submit your Word document to Canvas for grading.
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