400536463-Writer's Choice

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Henry Ford College *

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210B

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Management

Date

Nov 24, 2024

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docx

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4

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1 Writer's Choice Student’s name Institution affiliation Course Name and Number Instructor’s name Assignment Due Date
2 Writer's Choice If we had "free" college tuition, what do economic models tell us would happen to the college system? Economic models offer us insight into numerous possible consequences for the college system if we impose "free" college tuition. The dynamics of supply and demand in higher education are an essential consideration. The number of students pursuing college education will probably rise if tuition were free since it would lower financial obstacles. The demand for college education may soar that many universities may be unable to provide it (Bouchrika, 2023). To handle a more significant number of students, colleges would need to increase staffing levels, build more infrastructure, and recruit more instructors. What incentive would students have to succeed or not? The possibility of free college could impact student incentives and motivation. Proponents argue that alleviating student loan debt would catalyze academic excellence among students. However, it is said by opponents that with the absence of financial constraints associated with tuition fees, some students may experience a decline in motivation to excel academically. This raises concerns over the maintenance of rigorous academic standards and the attainment of educational achievements. Which argument that supports a free-college policy do you feel is the most important (or persuasive), and explain WHY you feel that way The most persuasive argument favoring a free college policy is lessening societal and economic disparities. It encourages equitable access to education by guaranteeing that students can pursue postsecondary education regardless of their financial situation. Individuals gain from
3 this, creating a more just and equitable society where merit rather than resources determine opportunities. Which argument against a free-college policy is the most important (or persuasive), and explain WHY you feel that way. The most persuasive argument against a free college policy is the possible effect on educational quality. Sustaining elevated academic criteria is imperative for both learners' scholastic achievements and a country's general competitiveness (Bouchrika, 2023). The main objective of ensuring that all students have equitable access to high-quality education may be compromised if free college results in a drop in the caliber of instruction. If colleges cannot charge tuition (since college tuition is "free" to students) but must still pay for faculty, buildings, electricity, etc., how will the colleges be funded? Most funding for colleges in European nations offering "free" college education comes from higher taxes the government and society levied. Tuition is transferred from the individual student to the general public. This implies that taxpayers—private and corporate citizens—help pay for higher education. The salaries of faculty members, building upkeep, utilities, and other running costs of colleges and universities are all covered by government budgets (Jackson, 2017). According to this model, public funding is essential to running the educational system. Although students gain from "free" education because there are no tuition fees, it is not without costs. Would you be willing to pay more taxes so the U.S. can provide "free" college to students? I would be willing to pay higher taxes if it were meant to provide free college education in the United States. An educated labor force advances fairness of chance and innovativeness,
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4 which is great for society. We can enhance everyone's access to information and skills and build a better future by pooling our resources to support higher education. References Bouchrika, I. (2023, June 28). Should College Be Free? The Economic Impact of Free College . Research.com. https://research.com/universities-colleges/should-college-be-free Jackson, A. (2017). “Free” college in Europe is not free . Business Insider. https://www.businessinsider.com/how-do-european-countries-afford-free-college-2017-4? r=US&IR=T