Question: Suppose that before you began your college application process, you were offered a job to work as a waiter at a local restaurant, accompanied by

Suppose that before you began your college application process, you were offered a job to work as a waiter at a local restaurant, accompanied by a yearly salary of $43,000 (after taxes). Assume however that you decided to turn down this offer and instead attend a year of college. The total monetary cost of the year of college, including tuition, fees, and room and board expenses, is $52,000

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