If all education in the United States were provided by private,tuition-charging schools,

Question

Quizplus · Accepted Answer

If all education were provided by private, tuition-charging schools, the high cost of education may prevent some individuals from obtaining an education, resulting in too little education being consumed. Education is a public good with positive externalities, meaning that society as a whole benefits from an educated population. Therefore, relying solely on private schools would lead to suboptimal outcomes.

If All Education in the United States Were Provided by Private,tuition-Charging