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You give up a full-time salary of $45,000 a year to go to school for 2 years. The total cost of going to school is $30,000. If you want to be able to recover your investment in 5 years or less, what is the minimum salary you would need to earn upon earning your degree?

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Your 'investment' consists 2 years loss of 45k and a further 30k = 75k
if you work for the next 5 years you would need to earn 75k more than whatever your wages were without the qualification. That's an extra 15k a year.
None of this allows for tax or inflation, and is a gross over-simplification of events.

Posted on May 12, 2014

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The easiest way to do this is to use Excel spreadsheet.
This is what you need to do.
Create a label at the top of each column as detailed.
Add a employee to each row under Name of employee
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