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I've done the math on the opportunity cost of how much I would have made if I hadn't gone to university. It was about $120k over 4 years, and raised the opportu
by seem_2211 7y ago
I've done the math on the opportunity cost of how much I would have made if I hadn't gone to university. It was about $120k over 4 years, and raised the opportunity cost to about $160k (I borrowed $60k, but some of that money was for living expenses, that would have been covered by working full time). I was earning about $16/$17 per hour at the time. It increased the jump I needed to make from $.50 per hour to $2 per hour.
- anonymoushn 7y agoAlright. I probably would have taken a similar job to the one I actually took 3 years earlier and followed a similar career path the whole time. That is, I wouldn't add 3 additional years of entry level IC work, I would add 3 additional years of senior IC work or better. Right now I'm working for half of prevailing wages for senior ICs in exchange for living in a civilized country, so half of prevailing wages * 3 years - taxes is around $400,000. If I ever move back to the US or get promoted it will be pretty easy to get to an opportunity cost of seven figures of post-tax money for 3 years of math degree.