23 - Economics of Education

.Economics of Education - CrCo > .

Economics - CrCo >> .

Sheepskin Industry - Weighs >> .

● Economic Principles ..

Economic Recessions and Recoveries ..

Inflation ..

Mid-COVID Inflation - 2021 → 

MMT - Modern Monetary Theory ..

Monetarism ..

Ordoliberalism (Wirtschaftswunder) ..

Recession, Depression ..

Stimulus Impacts ..

Education is considered a positive externality –
a benefit that is enjoyed by a third-party as a result of an economic transaction (helps individuals and society as a whole)

US has a problematic educational system, one of which – inequality. Funding is needed, but for others competition is needed. Investing in primary and secondary education is considered a priority.

College has more requirement for enrolling and doing the degree. College graduates earn more, by showing proof for finishing a degree basically – a diploma.

 
Cost – expensive in the U.S. Forcing students to take loans. There was an inflation in prices in recent years. There are options for discounting (scholarships, etc) Inflation in prices of unis are because the actual costs of running a college is higher.