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Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of

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Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. Think about the types of government policies that can promote a higher level of education across society. Now, suppose you are a government official trying to enact those types of policies. Decide on three policies you would choose to promote educational attainment across the United States. 1. (6 points) What are your three policies? List and briefly describe each of them. 2. (10 points) To increase the level of education in society, policies could influence the supply of education or the demand for education. a. Will any of your policies influence the supply of education? If so, will your policy cause an increase or decrease (choose one) to supply? b. Will any of your policies influence the demand for education? If so, will your policy cause an increase or decrease (choose one) to demand? c. Will there be any change to the "price" for education (for example, college tuition) as a result of your policies? 3. (4 points) Taking your answers to the previous questions into account: a. Do you feel that there could be any possible negative consequences to your policies? Why or why not? b. Are your policies similar to any that are being discussed in the real world (for example, in the media, or by current U.S. government officials)

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