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Discusion Essay
Many college students have a doubt about staying in the college. Because the cost of college education is creeping up and many financially successful business people do not have college education.(successful stories of college drop outs such as Bill Gates,Steve Jobs, Larry Ellison, Michael Dell etc.)
Equally it's true that many successful people have a solid college education background such as Warren buffett.
Do you think a college education is still a good investment for future financial payoffs?
1) what's the opportunity cost of typical college education? what's your opportunity cost?
2) Compare earning potentials between high school and college graduates through life time active career.
3) what's your opinion about staying or dropping out from the college?
4) Since the future will be highly technology oriented, will the higher education be very necessary ? Because the robot with artificial intelligence can replace many jobs of human labor in the future.
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Ryan expects to deposit $1,000 now, $3,000 four years from now, and $1,500 six years from now in an account that is earning 12% per year compounded semi annually through a company-sponsored saving plan. What amount can he withdraw ten years from now?
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