The Monopoly board game has the infamous “Go to Jail” card and Chance and Community Chest cards. The player is at a crossroads to pay $50 now, delay and hope to toss the dice for doubles to get out of jail free, or wait until the last moment and pay $50 if three throws are unsuccessful. This risk assessment is similar to analyzing the various tradeoffs when applying to college.
Don’t Leave College Applications to Chance
Updated: Dec 19, 2022