Established in 1903 by Cecil Rhodes, the Rhodes Scholarship is considered one of the world’s most prestigious awards, presented to select foreign students for postgraduate studies at the University of Oxford. A Rhodes Scholarship covers all university and college fees, offers a personal stipend, and airfare for a round trip to Oxford. Suppose you are selected as a recipient of this scholarship in 2019. Would you face any type of economic cost, discussed in the chapter, if you attended the program in 2019?