Adam's CentreForum investigation concludes that there are
significant opportunity costs which must be accounted for — I would emphasise the further erosion of already - stretched public services, which could impact a great deal on millions of low earners.
The LPP simply generates more un / underemployed lawyers - that is, law grads who spent more money and time to chase a still elusive dream
at significant opportunity cost.
«There's
this significant opportunity cost of the time people spend driving,» he says.
As others in this situation may experience, there is
a significant opportunity cost in forgoing immediate income and accompanying employer Superannuation contributions (currently 9.5 % of salary) and potential returns given the time value of compounding (i.e. the sooner you start compounding, the greater your investment returns, all else being equal).