The market for higher education is determining the key questions of what gets produced, how it is produced, how much is produced, and who gets how much.
Start your discussion by creating a response to these questions:
- Why do you think that more and more students are going to college when, in fact, the price of a college education is increasing? (Be sure to use the models of supply and demand to explain your answer.)
- In what ways have changes in the job market influenced your assessment of the value of an education? (Do you have more choices or options?)
Talk with your peers:
- Reply to a classmate — was their reasoning similar to yours?