Marginal analysis is analysis of your next unit of addition stuff. People can compare the cost of their action to its benefit and make a better decision. The marginal costs of one more year of higher education are the experience you can gain from working, and the time you can travel around or do anything you want. The marginal benefit of one more year of higher education is the better job you can get in the future. The college graduates earn $1 million more in their working lives than non-graduates is not true. There are statistics about non-graduates earn more than the college graduates. The non-graduates earn money and they gain experience from the job during the time the college graduates are studying. The non-graduates are drop of college because most of them cannot afford tuition even with finance help. To them, the cost of college is too much compare to the benefit of going to college. After I watched the video, my mind still didn't change about going to college. Although it is expensive, but I believe I can live better after I graduate the college.
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