If All University Students Had to Pay the Full Cost

question 118

Multiple Choice

If all university students had to pay the full cost of their education,

• A)the federal debt could be eliminated.
• B)they would probably choose less education than what is socially optimal.
• C)the economic efficiency of the higher education system would be greatly enhanced.
• D)vertical equity would be enhanced,since university students would internalize the externalities of their educations.
• E)horizontal equity would be worsened because university students in general come from the lowest-income families.

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Definitions:

Developing Fetus

A term referring to an unborn offspring during the period between embryonic development and birth, highlighting its ongoing growth and development stages.

Injury

Physical harm or damage to the body caused by an external force.

Dilation And Curettage

A surgical procedure involving the dilation of the cervix and scraping or suctioning of the uterine lining, often performed after a miscarriage or for diagnostic purposes.

Abbreviation

The act of shortening a word or phrase while still maintaining its original meaning.