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In the article I chose, Colleges Are Fueling the Pandemic in a Classic Market Failure the author examines why colleges brought students back and why

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In the article I chose, "Colleges Are Fueling the Pandemic in a Classic Market Failure" the author examines why colleges brought students back and why chasing that tuition money has instead led to a predictable market failure: fueling the spreading of the virus. This is an example of negative externalities. It increases the aggregate cost to the economy and society. The article explains what the government could have done. It says the government could have provided subsidies to colleges that didn't bring students to campus, tuition breaks for students who agreed to stay home, or outright government bans on communal living arrangements such as fraternities, sororities, and dormitories (Cohodes and Dynarski, 2020). Reference: https://tinyurl.com/4unk2kxd Cohodes, S., & Dynarski, S. (2020, October 8). Colleges are fueling the pandemic in a classic market failure. The New York Times. Retrieved September 22, 2021, from https://www.nytimes.com/2020/10/08/business/colleges-pandemic-market-failure.html

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