asked 126k views
22 votes
HURRYY

Borrowing money to pursue an advanced degree makes sense if
a. You can earn a scholarship to pay for your educational costs
b. Your future earnings potential outweighs the debt you may accrue
C. You already have the financing to pay out of pocket
d. Your employer is willing to pay for your tuition

asked
User Morgi
by
7.5k points

2 Answers

9 votes

Answer:

b

Step-by-step explanation:

answered
User Navgeet
by
8.0k points
9 votes

Answer:

b. Your future earnings potential outweighs the debt you may accrue

Step-by-step explanation:

Consider taking the loan to finance the advanced degree as an investment project. The project can is beneficial to the owner if the projected future income outweighs the cost of investments. A project makes sense if it generates profits.

Borrowing money to pay for the advanced degree will make sense if potential future earnings exceed the debts incurred.

answered
User Lowi
by
8.4k points
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