Question: Please read https://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html?auth=login-email&login=email&module=inline Is College Worth It? Clearly, New Data Say Estimate the cost of any education (You can give any example and any approximate

  1. Please read https://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html?auth=login-email&login=email&module=inline

"Is College Worth It? Clearly, New Data Say"

  1. Estimate the cost of any education (You can give any example and any approximate figures). Include tuition, books, and theopportunity costs, for example, lost wages over 2-4 years. Calculate their present value.
  2. Estimate theincreasein annual earnings as a result of education. Assume these benefits occur every year of career. Calculate the present value of this annuity.
  3. Calculate the NPV of your college investment by subtracting the PV cost from the PV benefit. Use Excel
  4. Does your NPV agree with the one in theIsCollegeWorth It?article? What do you think of this result?

Thank you!

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