3 ms·
Sunk cost fallacy would be taking and failing 3 years of college courses and deciding to continue because, "Well, I'm already three years and $30k (or more) in.
by Jtsummers 4y ago
Sunk cost fallacy would be taking and failing 3 years of college courses and deciding to continue because, "Well, I'm already three years and $30k (or more) in." Being one class or semester shy and making a decision to finish, if it gives a major payoff (starting salaries often jump substantially, some career paths are totally closed without the degree, etc.), is perfectly rational.
- Swizec 4y agoI decided to drop out of college with 2 classes to go. Because a) I had reached my self-imposed deadline, b) I would have to do another full year of college for just those 2 classes[1], c) I was already having to turn away freelancing clients to make time for school, d) you don’t go into debt for college in Europe [1] The classes were in different semesters with a mandatory weekly tutorial/lab presence, which doesn’t transfer across years
- deleted 4y ago[deleted]