It is inefficient if individuals who would derive positive net benefits from higher education are unable to

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It is inefficient if individuals who would derive positive net benefits from higher education are unable to obtain loans to finance their education.

One commentator suggests that the government should give loans for higher education. These loans would be financed charging recipients “a lifelong flat-rate tithe on all earnings” so that

“the future banker would end up paying more

[than a future elementary school teacher]” [Zimmerman, 2007]. Discuss whether such a program would be efficient.

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Public Finance

ISBN: 9780073511351

9th Edition

Authors: Harvey Rosen, Robert Guell, Ted Gayer

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Question Posted: Jul 23, 2024 09:00 AM

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It is inefficient if individuals who would derive positive net benefits from higher education are unable to

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Public Finance

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