Brenda has an associate’s degree earning the median salary. She wants to quit working and go to college to get just a basic bachelor’s degree. If she completes her degree in 2 years and it costs $15,000, how long will it take her to recover her investment assuming that she earns the median salary?
A graph titled Median Annual Household Income by Educational Attainment of Householder, 1997. Professional degree, 92,228 dollars; doctorate degree, 87,232 dollars; master's degree, 68,115 dollars; Bachelor's degree or more, 63,292 dollars; Bachelor's degree, 59,048 dollars; associate degree, 45,258 dollars; some college, no degree, 40,015 dollars; high school graduate, 33,779 dollars; ninth to twelfth grade, 19,851 dollars; than twelfth grade, 15,541 dollars.
a.
almost 6 years
b.
almost 7 years
c.
almost 8 years
d.
almost 9 years