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Member Since: 11/2007Last Seen: 2/10/2010

The Economic and Social Impact of Free Tuition

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The issues represent a classic topic for applied economics—the effects of different means of allocating scarce resources among competing claimants. A rational analysis of the consequences of tuition systems requires separation of two questions: (1) Who should bear the costs of education? (2) If someone other than the student should pay for his education, in what form should the aid be given?

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