In many countries higher education is heavily subsidized by the government (that is, university students do not

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In many countries higher education is heavily subsidized by the government (that is, university students do not bear the full cost of their college education). While there may be good reasons for heavily subsidizing university education, there are also some dangers in it. Using human capital theory, explain what these dangers are.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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