This paper is the analysis of the economic benefits of the government subsidizing higher education for some of the citizens who cannot allow it. In the contemporary America the price for education is very high, thus not all of the students who are potentially capable of becoming qualified specialists can allow paying for it. …
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This paper approve that people who have higher education are able to distribute their time and resources more rationally, thus the effectiveness of their labor is increased. It is also that they are taught to use the variety of methods for solving this or that problem instead of concentrating on one method. Higher education gives its recipients the basic knowledge in different spheres of social and cultural science, thus presenting them a massive of additional information that is often helpful in their future job.
It is also that government subsidizing of higher education gives opportunities to obtain financial and social status to those who wouldn't have managed to earn it otherwise. It's a proven fact that people with a degree earn more than those who don't have it, thus higher education is the only way to wealthy life for most of the American citizens.
This esay makes a conclusion that the system of subsidizing of the higher education in the U.S should be changed for to open the access to education to those who are really unable to finance by themselves, instead of lowering the college expenditures for those who can already allow paying for it. The amount of merit-based aid should be decreased for to increase the expenditures for the need-based aid. It is also that the financial aid should be rather given in the form of grants instead of making students take the loans they later have great difficulties repaying.
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169). The secondary education faces the same with additional challenges on college and workforce preparation for the students. California has become the melting pot of immigrants in the U.S. which contributed to increase in student population and increase in the demand of English proficiency lessons in school.
As the paper highlights education can be underprovided if private schools and Universities are left with the responsibility. Everyone should benefit from education regardless of financial capabilities but private schools and universities may only allow people who can afford the cost of education to access their facilities.
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