Which of the following statements best describes the costs and benefits of paying for education? Select all that apply.
A. Investing in one’s education may lead to increased lifetime income.
B. Investing in one’s education rarely leads to increased lifetime income.
C. Spending money on education often leads to debt that must be repaid later.
D. Spending money on education only makes sense if it can be done without taking on debt.
E. Consumer goods such as cars or cell phones are better investments than paying for education.
this one i just didnt understand at all

Question

Which of the following statements best describes the costs and benefits of paying for education? Select all that apply.
	A.	Investing in one’s education may lead to increased lifetime income.
	B.	Investing in one’s education rarely leads to increased lifetime income.
	C.	Spending money on education often leads to debt that must be repaid later.
	D.	Spending money on education only makes sense if it can be done without taking on debt.
	E.	Consumer goods such as cars or cell phones are better investments than paying for education.
this one i just didnt understand at all

Ninjoy · Answer

Any thoughts? Additionally it seems that there are more than one possible answers here.  Are you able to do multiple?

draebrewer · Answer

what do u think is the answer

ah42632 · Answer

yeah buh yhu can only choose 2 answers

Ninjoy · Answer

Consider yourself in this scenario. You go to college get a degree at a good company. But now you are also going to have to pay back loans which you took out for college.

Ninjoy · Answer

Yes, there are two possible correct answers here

Ninjoy · Answer

Also consider. Is it going to benefit you to invest money into a car in the long run?

ah42632 · Answer

yeah i think so, cuz without a car how can yhu get to the college and all of the events that are going to be held at the college

Ninjoy · Answer

How would you plan to purchase the car?

ah42632 · Answer

okay hold on on second thought ima take it back Id rather just go to college on foot.

ah42632 · Answer

If i was to purchase a car then that would mean to have more payments due, including insurance, gas, and if anything goes wrong with the car than Id have to buy parts

Ninjoy · Answer

Lol alright so we established we are going to college which of your answer choices supports the fact you need an education to potentially have the income to buy a car?

ah42632 · Answer

ummmmm.... low key gon keep it a buck, now im lost.

ah42632 · Answer

all ik is that im thinking of going with answers B and C

Ninjoy · Answer

C is right because you'll have college debt if you took out loans
B is wrong as we previously discussed to buy your car you need to earn money which to earn a better income an education can come handy

Ninjoy · Answer

So try again for the 2nd answer based off of info from above

ah42632 · Answer

ok, thank you for helping me btw

ah42632 · Answer

A seems like the only one left that makes sense

Ninjoy · Answer

Yes

Ninjoy · Answer

Youre welcome :)