An increase in the cost of obtaining higher education with no change in the beneﬁts received will result in:

Question

Quizplus · Accepted Answer

An increase in the cost of obtaining higher education, with benefits remaining constant, effectively reduces the rate of return on the investment in education. This is because the rate of return is calculated based on the costs versus the benefits received, and if costs increase without an increase in benefits, the return diminishes.

An Increase in the Cost of Obtaining Higher Education with No