Economics of Education: Crash Course Economics

The video explores the economics of education, discussing the costs and benefits of public and private education systems. It highlights the inequality in education and examines the value of higher education through theories like human capital and signaling. The video also addresses the rising student debt and tuition costs, while considering alternative career paths that don't require a college degree. Finally, it emphasizes the social benefits of education in reducing poverty and inequality.

What are some reasons why governments invest in universal public education?

How does education serve as a positive externality for society?

What are the main differences in college costs between the US and the European Union?

What are some of the serious problems faced by the US education system?

How does the average income of college graduates compare to those with only a high school diploma?

What are the two main theories explaining why college graduates earn more?

What factors contribute to the rising student debt in the US?

What are some potential benefits of vocational training compared to a four-year college degree?

What are the key considerations when determining if college is worth the investment?

In what ways can education help reduce poverty and address income inequality?