Question

In: Economics

What are 3 pros and 3 cons of free education?

What are 3 pros and 3 cons of free education?

Solutions

Expert Solution

Education that has the power to change the entire world and make any economy to boost with its potential. In today's world, it is needed for all to have a better life

So some of the pros are

1 it helps the poor who can't afford school fees and other things

2.increased employment and this will ultimately help the economy to grow in a much faster way

3.thinking about life will change because it is a door to logical and rational thinking.it gives any person a better view towards life like general knowledge, philosophy, etc

But as we all know every coin has two sides .some of the cons are.

1.this may increase a lot on government expenditure which will hamper the spending on other important things

2.it may promote inequality in education because inequality will arise between free and paid one. Paid one will get a better education than the free one

3.it may increase unemployment because so many educated will be there but there may be a lack of jobs


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