If you read my previous posts, I've been doing a lot of personal thinking about opportunities and risks. Ever since my freshman Intro to Economic Reasoning, I've been pondering about the concept of opportunity costs.
An opportunity cost is the total cost that is taken into account when you do or don't pursue something.
In life, we experience opportunity costs at almost every breathing moment. We dictate our time and it is, in my opinion, the most powerful ability humans have.
In college, opportunity costs present themselves at what it feels like every moment. Study for a test or catch up with a friend? Eat a burger or stick to a salad? Study abroad or stay in state?
What about completely switching career paths after college?