The Financial Benefits of Not Getting an Education : An Exploratory Study of the Opportunity Cost of Higher Education

2016

Master thesis Business Administration - University of Agder 2016 The present study aimed to explore the financial opportunities of a person without higher education in Norway. It consists of simulations of different investment strategies, and compares the earnings of an individual without higher education, to the earnings of a person with five years of education. The underlying assumption is that they both have equal consumption while the student is getting his/her degree – i.e. equal to the student income. Averages and estimates where used to establish income figures. The investment amount was the accumulated surplus the person without higher education had compared to the student during hi…