Solved

Decisions About How Much to Invest in Higher Education Relate

Question 21

Multiple Choice

Decisions about how much to invest in higher education relate to whether one views education as a private or public good. Those who view it as a private good believe that


A) most of the benefits of a college education accrue to an individual, and therefore the individual should bear most of the cost.
B) there are societal benefits when residents obtain a college degree, and therefore the individual should bear more of the cost.
C) most of the benefits of a college education accrue to an individual, and therefore the public should invest in higher education.
D) there are societal benefits when residents obtain a college degree, and therefore the public should invest in higher education.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents