Which is the opportunity cost for attending college?

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The opportunity cost is calculated based on both the time-related and monetary costs of attending college. That is, to calculate this figure, one must consider the financial expenses (e.g., tuition, accommodation, books, transportation, clothing, etc.), then consider the time one spends on attending a college and missing out on other opportunities, and then compare the received number against the backdrop of the highest valued alternative of going to college.

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