Question

When evaluating a college or university, why is it important to consider whether a similar degree can be obtained at a less expensive school?(1 point)
Responses

You want to make sure you are earning something exclusive.
You want to make sure you are earning something exclusive.

Given the expected resulting income level, you want to make sure you are able to pay back any debt incurred.
Given the expected resulting income level, you want to make sure you are able to pay back any debt incurred.

If the degree is obtainable at a less expensive school, it will not be rewarded with a high starting salary.
If the degree is obtainable at a less expensive school, it will not be rewarded with a high starting salary.

You want to go to a school that is inaccessible to the masses.

Answer 1

The most appropriate response is:

**Given the expected resulting income level, you want to make sure you are able to pay back any debt incurred.**

This emphasizes the importance of financial considerations when evaluating the value of a degree in relation to the potential return on investment. If a similar degree can be obtained at a less expensive institution, it may be more prudent to choose that option to avoid excessive debt, especially if the expected starting salary does not justify the costs of a more expensive school.