
Article Summary
In the past three years, four states and the city of San Francisco have enacted measures to offer free college tuition, and similar programs are under consideration in several additional areas across the country. In most states that have enacted a plan, scholarships are granted to pay the additional costs not covered by basic-needs grants, with some states setting an income cap and others limiting the free tuition to recent high-school graduates. In most states, taxpayers are paying for the programs, but in Tennessee the program is funded by the state lottery. In addition to Tennessee, free tuition programs have been implemented in Rhode Island, New York, Oregon, Arkansas, Minnesota, South Dakota, and Louisiana. These states have been promoting the programs as a way to create a strong workforce.
Source: Katie Lobosco, " Tuition-free college is getting bigger. Here's where it's offered," money.cnn.com, August 4, 2017.
-Refer to the Article Summary.The article addresses free tuition programs now being offered in several states.If these programs lead to a more skilled and better trained workforce, the economy would experience
A) an increase in human capital.
B) an increase in the supply of labor.
C) an increase in comparable worth.
D) a decrease in compensating differentials.
Correct Answer:
Verified
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In the past three years, four
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