Let's say that the median income for someone with an associate’s degree is about $10,800 higher...
Let's say that the median income for someone with an associate’s degree is about $10,800 higher annually than for someone with a high school degree, and the total cost of schooling for the two years is $29,160. At this level of income, how many years would it take to recover the investment in the education? (Round your answer to 1 decimal place.)
Homework Answers
Income = $10800
Cost = $29160
Years to the recovery of investment = Cost / Income
= 29160 / 10800
= 2.7 years
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Let's say that the median income for someone with an associate’s
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