What economic impact does the lack of education pose on the individual and society as a whole?

Prepare a brief paragraph on the impact of Sputnik and “A Nation at Risk’ on public education ( treat separately ).
Expound on the statement that education is an investment in “Human Capital”
What vehicle is used to transfer private sector profits to the public sector?
Provide a brief definition of the following:
Equity
Equality
Cost-benefit
Cost-quality

Define and explain the impact of “Marginal Dollar Principal” and “Point of Diminishing Returns” on the financing of public education.
In what way is the U.S. a world leader in public education? In what way are we not?
What are the elements of an economic good? In what way is education unique?
What are a few of the non-economic benefits of public education?

Assignment 2

School expenditures are constantly increasing. What past and current factors have driven costs up?
What economic impact does the lack of education pose on the individual and society as a whole?

Assignment 3

Provide a brief overview regarding equity in the financing of public education as it relates to:
The varying needs of students
At the school level (school comparison)
For taxpayers

Briefly explain the statement “Fairness of taxation is increased when more kinds of wealth are included”.
Trace the history of educational funding from it’s inception to present. There are 4 to 5 identifiable eras depending on the author.( Found in chapter 7 0f text)

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