Question

In: Economics

If education is provides that ability for a nation to improve its' economic outlook, why do...

  1. If education is provides that ability for a nation to improve its' economic outlook, why do we make access to education such a high barrier in terms of cost?
  2. There has been some discussion of late that we should consider free community college education for all students. What are your thoughts about free community college education?

Solutions

Expert Solution

Education is important for the economic development. But there is still is the cost barrier to the access to education. The people trapped due to this are because of poverty. Having access to even primary schools have huge amount of expenses from the admission fee to school uniform and books.

Whether the people will be able to send their child to school or not is dependent on their income levels. Lower the incomes less is the chances of their children getting proper education. Higher the income, better are the chances of the access to education.

Apart from them, homeless poor who don’t have any source to children can’t have access to education also. The costs of education aren’t bearable for them. This type of a situation is normally seen in underdeveloped countries and developing economies.

I’d say free community college education for all students should be introduced in our economies. Government should introduce new programmes focusing on free education. This will help the people who can’t afford to make their children literate. The equality that we talk about can be achieved this way. This has other benefits also. Child labor can be reduced if more knowledge is conveyed to the people around. Education is important and should be available for all.


Related Solutions

How might the global digital divide affect a low-income country’s ability to improve its global economic...
How might the global digital divide affect a low-income country’s ability to improve its global economic standing? Explain how this might affect the country’s ability to be competitive in a global marketplace.
If the private sector provides education, too little education will be produced. Why? Explain all the...
If the private sector provides education, too little education will be produced. Why? Explain all the market failures that can arise with privately provided education.
First, are you a team player? Why or why not? How might you improve your ability...
First, are you a team player? Why or why not? How might you improve your ability to function well on an effective team? Second, consider a team you have been on at school, volunteering, or at work. Using concepts and vocabulary from our textbook, describe this team, its task and whether you found it to be effective. Explain why or why not? What went right, what went wrong? How might the team's effectiveness been improved? Third, comment on the Module...
Southside Pizzeria wants to improve its ability to manage the ingredient costs associated with making and...
Southside Pizzeria wants to improve its ability to manage the ingredient costs associated with making and selling its pizzas. For the month of June, the company plans to make 1,000 pizzas. It has created a planning budget that includes a cost formula for mozzarella cheese of $7.20 per pizza. At the end of June, Southside actually sold 1,100 pizzas and the actual cost of the cheese that it used during the month was $3,102. Required: Assume that the company establishes...
Southside Pizzeria wants to improve its ability to manage the ingredient costs associated with making and...
Southside Pizzeria wants to improve its ability to manage the ingredient costs associated with making and selling its pizzas. For the month of June, the company plans to make 1,000 pizzas. It has created a planning budget that includes a cost formula for mozzarella cheese of $2.40 per pizza. At the end of June, Southside actually sold 1,100 pizzas and the actual cost of the cheese that it used during the month was $2,632. Required: 1. What is the mozzarella...
Many argue that America needs to eliminate debt, increase economic growth, improve education and reform health...
Many argue that America needs to eliminate debt, increase economic growth, improve education and reform health care. If you were the current U.S. President how would you prioritize the needs of the country? In what order would you rank these needs and why?
1) Economic growth: a. can be more rapid if the nation devotes most of its resources...
1) Economic growth: a. can be more rapid if the nation devotes most of its resources to production of consumer goods. b. may be represented by a movement from one end of the production possibilities curve to the other. c. may be shown as a rightward shift of the production possibilities curve. d.cannot be achieved with better technology. 2) The invention of LED technology significantly reduced the market for "traditional" incandescent light bulbs. This is an example of: a. command...
What is the economic explanation for why K-12 education is primarily provided by the government?
What is the economic explanation for why K-12 education is primarily provided by the government?
Given our education achievement function, what do you believe is the best way to improve urban...
Given our education achievement function, what do you believe is the best way to improve urban educational outcomes? What are the costs and benefits associated with your plan?
Why does the government support public education when the private sector also provides this service? Are...
Why does the government support public education when the private sector also provides this service? Are these reasons the same as those for government providing services such as police protection and the National Weather Service?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT