Answer to Question #67202 in Macroeconomics for Ashley Layne

Question #67202
Why should taxpayers subsidize public colleges and universities what external benefits are generated by higher education ?
1
Expert's answer
2017-04-07T10:31:07-0400
Higher education gives the possibility to compete at the job market and pretend for higher salary.

Therefore, subsidizing colleges and universities by taxpayers gives them potential opportunity to use this service with subsequent financial benefits.

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