All else equal,investment in education will be greater,the:

Question

Quizplus · Accepted Answer

When the earnings differential between more and less educated workers is higher, the return on investment in education is greater, making it more attractive for individuals to invest in education. Higher interest rates (A) may discourage investment in education as borrowing costs increase, and higher direct costs (B) may also discourage individuals, especially those with limited financial resources, from investing in education. A lower expected retirement age (C) may encourage individuals to consume more and save less, rather than investing in education.

All Else Equal,investment in Education Will Be Greater,the