“How much do you think it costs to go to college? Most people are likely to answer by adding together their expenditures on tuition, room and board, books, and the like, and then deducting any scholarship funds they may receive. Suppose that amount comes to $15,000.
Economists keep score differently. They first want to know how much you would be earning if you were not attending college. Suppose that salary is $20,000 per year. This may seem irrelevant, but because you give up these earnings by attending college, they must be added to your tuition bill. You have that much less income because of your education. On the other side of the ledger, economists would not count all of the university’s bill for room and board as part of the costs of your education. They would want to know how much more it costs you to live at school rather than at home. Economists would count only these extra costs as an educational expense because you would have incurred these costs whether or not you attend college. On balance, college is probably costing you much more than you think. And, as we will see later, taking opportunity cost into account in any personal planning will help you to make more rational decisions.”

“Life is like college; may I graduate and earn some honors.”

“We offer to protect their savings in a job here. If you earn $100,000 a year there, you also spend $80,000 and save $15,000-$20,000. We say, if you work for us in India, we will ensure you save $15,000 dollars a year and are part of something exciting without a loss to you.”

“Anyway, it doesn't matter how much, how often, or how closely you keep an eye on things because you can't control it. Sometimes things and people just go. Just like that.”

“I heard from Truett that you fellows are forbidden the company of the girl you were going with. Thats a dirty shame. How come? I suppose its because you tried to act like gentlemen.”

“My family likes me as a person and not because I am an actor. I never mix the two. I don't know how much I earn or how many awards I have received.”

“What difference does it make how much you have? What you do not have amounts to much more.”
Quid enim refert, quantum habeas? multo illud plus est, quod non habes.

“Writing the book (The Hottest State) had to do with dropping out of college, and with being an actor. I didn't want my whole life to go by and not do anything but recite lines. I wanted to try making something else. It was definitely the scariest thing I ever did. And a huge learning experience about how not everybody's going to like you, or like what you do. And you have to ask yourself, is it worthwhile? Or am I just doing it to be liked? And it was just one of the best things I ever did. The second book (Ash Wednesday) was so much more fun because of that. The first was just a novelty act, like, 'The kid from Reality Bites wrote a book? Who does he think he is?”

“College dont amount to much anyhow. A lot of narrow minded, musty old ideas despensed by uninterested teachers to pupils who have come to college for athletics, because they considered it the stylish thing or to keep from going to work.”

“This relationship is built on trust, and you know very well that I have worked hard to earn the trust of the people in this room, and I think I've earned it -- and I think I've earned it with the American people.”