4 ms·
Unless you urgently need to start a business right now, I don’t see how this has a higher expected value compared to doing the same after you graduate.
by opportune 6y ago
Unless you urgently need to start a business right now, I don’t see how this has a higher expected value compared to doing the same after you graduate.
- gringoDan 6y agoIt doesn't have higher expected value and I wouldn't necessarily advise going down this path in normal times. But calculating the expected value only takes into account the diploma and learning subject matter, none of the other benefits. The decision right now is between a) paying full price for a watered-down college experience (graduating earlier) and b) gaining some life experience and potentially getting "the full" college experience in a year or two for the same price (albeit with the drawback of a later graduation date).
- albntomat0 6y agoI'm not the original commenter, but I'd bet their logic is that the value of being at Harvard for 2020-2021 is less than that of Harvard for 2021-2022. The expected value of a startup (heavily dependent on what type of startup...) is the same either this year or next, but the opportunity cost is less.
- asdff 6y agoIt does if the in person version of your classes are more engaging than the online versions you would be stuck with otherwise.
- qntty 6y agoHopefully you're being metaphorical with the use of the term expected value, or are you really suggesting that a young person plans their education based on what's more profitable? Not that money isn't something to consider, but the "value" you get out of your education and other formative experiences isn't measured in dollars.
- barry-cotter 6y agoExpected value encompasses all the things you value, not just money.