http://www.collegeandfinance.com/go-to-class-your-wallet-and-gpa-will-thank-you/ Financial and General College Advice for Students and Families Fri, 21 Nov 2008 08:41:25 +0000 http://wordpress.org/?v=2.6.2 http://www.collegeandfinance.com/go-to-class-your-wallet-and-gpa-will-thank-you/#comment-1469 Scott Fri, 23 Nov 2007 07:59:58 +0000 http://www.collegeandfinance.com/2007/06/11/go-to-class-your-wallet-and-gpa-will-thank-you/#comment-1469 I agree, it's a sunk cost either way, there's no one sitting there collecting $50. I guess I should say then your wasting money. Because, since you are paying for an education, and you're electing not to receive it, then you're paying for a product you aren't taking advantage of, which is a cost...without any of the revenue, therefore you're coming out negative. Kind of a convoluted business argument, but I think we can both agree that class isn't cheap. Thanks for your comment! I agree, it’s a sunk cost either way, there’s no one sitting there collecting $50. I guess I should say then your wasting money. Because, since you are paying for an education, and you’re electing not to receive it, then you’re paying for a product you aren’t taking advantage of, which is a cost…without any of the revenue, therefore you’re coming out negative. Kind of a convoluted business argument, but I think we can both agree that class isn’t cheap. Thanks for your comment!

]]> http://www.collegeandfinance.com/go-to-class-your-wallet-and-gpa-will-thank-you/#comment-1468 David Fri, 23 Nov 2007 06:37:39 +0000 http://www.collegeandfinance.com/2007/06/11/go-to-class-your-wallet-and-gpa-will-thank-you/#comment-1468 While I agree that going to class is important, much of the logic behind your argument is faulty. You have already paid for Biology class, and that money is gone whether you go or not. So not going doesn't really "cost" you $50. It's a sunk cost either way. Really, the question you need to answer is "what can I do right now that will provide me with the most benefit." Of course, usually the answer is attending class. While I agree that going to class is important, much of the logic behind your argument is faulty. You have already paid for Biology class, and that money is gone whether you go or not. So not going doesn’t really “cost” you $50. It’s a sunk cost either way. Really, the question you need to answer is “what can I do right now that will provide me with the most benefit.” Of course, usually the answer is attending class.

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