GNED 1303 Lecture Notes - Lecture 3: Efficiency Ratio
Document Summary
Answer the following questions to the best of your ability. They help stimulate the economy by putting students in debt and forcing them to take out student loans for which they make money through interest rates. It helps educate the workforce, which therefore should make for better qualified applicants which increases business efficiency which stimulates economic growth. Tuition and campus living costs are very expensive for university students, and as universities are private institutions they keep the majority of the income to themselves. This can university operations, therefore using that money to contribute to economic growth elsewhere in society. One article stated that spending money on university is similar to buying a car, however, most of the effort comes from the student, or the buyer, and that motivated students create a better education than an esteemed college. The be flipped into a positive, as government taxpayer money isn"t needed to fund.