Question: Upon graduation, every engineer must decide whether to go on to graduate school. Estimate the costs of going full time to the university to obtain

Upon graduation, every engineer must decide whether to go on to graduate school. Estimate the costs of going full time to the university to obtain a Master of Science degree. Then estimate the resulting costs and benefits. Combine the various consequences into a cash flow table and compute the rate of return. Nonfinancial benefits are probably relevant here too.

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