Even when university education in Australia was free, not everyone got a degree.Which of the following is one possible reason for why some people would get degrees while others would not?
A)although free in a monetary sense getting a degree takes time and effort, the cost of which will be lower for high-skilled people than low-skilled people
B)the human capital effects of university have been shown to be small, corresponding to only small increases in wages
C)the benefits of education are likely to be higher for low-ability people than for high-ability, and so high-ability would not find it profitable to attend university
D)none of the above

Question

Quizplus · Accepted Answer

Even if university education is free, obtaining a degree requires time and effort, which may be more costly for low-skilled individuals than high-skilled individuals. Therefore, some people may choose not to pursue a degree even when it is free.

Even When University Education in Australia Was Free, Not Everyone