Blog Post #1: Big Decision
This blog is about the underlying aspects that contribute to deciding where to attend college.
The biggest decision that I have had to make to this point in my life was where to go to college. Getting and education is crucial in todays world and equally important is to be smart with debt. Considering how to both get an education and walk away with as little debt as possible can be a staggering task, especially when you add all of the other deciding points specific to your lifestyle. You can't just look at the total amount that tuition ends up being. To understand your budget constraints fully you have to make a decision based on your income and the payment method you choose.
Another impactful decision on choosing where to attend college is the community. From my initial experiences there is a lot of opportunity costs depending on what you're able to do in the community. My decision involved leaving an opportunity for employment for an opportunity to play sports, affecting me economically and by the time I have free to earn money. Personally, I find this to be very important in determining the opportunity costs of a long term location change and something I would have put more consideration into.
We are all unique in what our talents are and that plays a part on how we base our careers. Likewise, some colleges specify their departments around certain career areas and deciding where you attend college should consider what you are well suited to do in the most efficient way. Using your talents to maximize efficiency is called specialization, and choosing a school that is well known for what you are basing your career around will improve how you are able to specialize your work.
In conclusion, there are multiple economic aspects that contribute to deciding where to attend college. How much tuition you are paying and the process you choose to pay for college are crucial in determining your budget constraints. The community your college is in can impact how you experience economic growth, which is why understanding the opportunity costs of moving to a new community is important. Finally choosing a college that emphasizes in your career choice is beneficial to specializing your work for maximum efficiency.
The biggest decision that I have had to make to this point in my life was where to go to college. Getting and education is crucial in todays world and equally important is to be smart with debt. Considering how to both get an education and walk away with as little debt as possible can be a staggering task, especially when you add all of the other deciding points specific to your lifestyle. You can't just look at the total amount that tuition ends up being. To understand your budget constraints fully you have to make a decision based on your income and the payment method you choose.
Another impactful decision on choosing where to attend college is the community. From my initial experiences there is a lot of opportunity costs depending on what you're able to do in the community. My decision involved leaving an opportunity for employment for an opportunity to play sports, affecting me economically and by the time I have free to earn money. Personally, I find this to be very important in determining the opportunity costs of a long term location change and something I would have put more consideration into.
We are all unique in what our talents are and that plays a part on how we base our careers. Likewise, some colleges specify their departments around certain career areas and deciding where you attend college should consider what you are well suited to do in the most efficient way. Using your talents to maximize efficiency is called specialization, and choosing a school that is well known for what you are basing your career around will improve how you are able to specialize your work.
In conclusion, there are multiple economic aspects that contribute to deciding where to attend college. How much tuition you are paying and the process you choose to pay for college are crucial in determining your budget constraints. The community your college is in can impact how you experience economic growth, which is why understanding the opportunity costs of moving to a new community is important. Finally choosing a college that emphasizes in your career choice is beneficial to specializing your work for maximum efficiency.
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