Decisions About How Much to Invest in Higher Education Relate

question 18

Multiple Choice

Decisions about how much to invest in higher education relate to whether one views education as a private or public good. Those who view it as a private good believe that

• A) most of the benefits of a college education accrue to an individual, and therefore the individual should bear most of the cost.
• B) there are societal benefits when residents obtain a college degree, and therefore the individual should bear more of the cost.
• C) most of the benefits of a college education accrue to an individual, and therefore the public should invest in higher education.
• D) there are societal benefits when residents obtain a college degree, and therefore the public should invest in higher education.

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Definitions:

Antifederalists

Antifederalists were opponents of the ratification of the U.S. Constitution, advocating for a decentralized governmental structure to ensure more power to the states.

Senate

The upper house of the legislature in many countries, often responsible for reviewing and approving legislation initiated by the lower house.

Representative Democracy

A type of democracy in which elected officials represent a group of people, as opposed to direct democracy where individuals vote on policy initiatives directly.

Amendments

Changes or additions proposed or made to a constitution, statute, or legislative bill.