ECO 2110 Chapter Notes - Chapter 14: Tax Competition, Student Loan
10 Apr 2018
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Transfer from tax payers to university students. Advantage of local control: tailored local tastes, accountability. Disadvantage of local control: inequitable, tax competition. The role of education grants from provincial to local school boards: wealth neutrality. Increase of positive externalities to different provinces due to mobility. Mixed emotions of increasing government funding for schools. Small classes better test scores, tend to matter at lower education levels. Irr internal rate of return you want to calculate it. Gov get more money when people go to school. Costlier for men to get a higher education than women. To i(cid:373)pro(cid:448)e go(cid:448) i(cid:374)(cid:272)o(cid:373)e (cid:449)hat do (cid:449)e do . Increase competition: private markets improves public education outcome, good schools attract students, allow competition itll be efficient, pri(cid:448)ate (cid:373)arkets are(cid:374)"t su(cid:271)sidized e(cid:454)pe(cid:374)si(cid:448)e. wh(cid:455) pu(cid:271)li(cid:272) schools are more popular than private. But sometimes standardized testing isnt a true test of school performance.
