In this episode, Jamie and Timothy unravel the significance and pitfalls of discount rates and how they are presented. From examples of ice cream shops, toothpaste ads, and JC Penney, they provide a dose of financial literacy with a chaser of tuition resets. Learn the simplicity of calculating the meaning behind a discount rate and why it's crucial for students, families, and enrollment managers.
In this episode, Jamie and Timothy unravel the significance and pitfalls of discount rates and how they are presented. From examples of ice cream shops, toothpaste ads, and JC Penney, they provide a dose of financial literacy with a chaser of tuition resets. Learn the simplicity of calculating the meaning behind a discount rate and why it's crucial for students, families, and enrollment managers.