One commentator suggested that the government should give loans for higher education, and the loans should be
Question:
One commentator suggested that the government should give loans for higher education, and the loans should be financed by charging recipients “ a lifelong flat- rate tithe on all earnings” so that “ the future banker would end up paying more [ than a future elementary school teacher]” [ Zimmerman, 2007]. Discuss whether such a program would be efficient.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
If students are required to pay a lifelong tithe on all earnings there might be a d...View the full answer
Answered By
Ishrat Khan
Previously, I have worked as an accounting scholar at acemyhomework, and have been tutoring busines students in various subjects, mostly accounting. More specifically I'm very knowledgeable in accounting subjects for college and university level. I have done master in commerce specialising in accounting and finance as well as other business subjects.
5.00+
135+ Reviews
427+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
A policy maker decides that the government should build a dam across a river, even though the costs are greater than the benefits. Is the policy maker behaving irrationally? If not, why might the...
-
TV commentator Larry Kudlow argues that the government should get off the back of the American businessman. Obviously, Kudlow wants to abolish government altogether. Yet, without government, there...
-
Thirty-nine percent of U.S. adults think that the government should help fight childhood obesity. You randomly select six U.S. adults. Find the probability that the number of U.S. adults who think...
-
There are two major producers of corncob pipes in the world. Suppose that the inverse demand function for corncob pipes is described by p = 120 - 4g where g is total industry output and suppose that...
-
You shuffle a deck of cards and then start turning them over one at a time. The first one is red. So is the second. And the third. In fact, you are surprised to get 10 red cards in a row. You start...
-
How do cultural artifacts such as media, art, and literature reflect and influence trends in social change, and what is their role in shaping public consciousness around emerging social issues ?
-
(See The Wide World of Fluids article titled "Smart Shocks," Section 5.3.3.) A 200-lb force applied to the end of the piston of the shock absorber shown in Fig. P5.104 causes the two ends of the...
-
IT auditors need people skills as well as technical skills. One such skill is the ability to interview effectively. Discuss some techniques or tools that might help an interviewer get the best...
-
7. NB Power plans to acquire a large water turbine for one of its dams by entering into a long-termlease agreement with the Atlantic Steel Ltd (ASL). ASL will provide the turbine under either of the...
-
In addition to providing polarity data, like those you interpreted in Part B, most terrestrial lava flows contain minerals that can be precisely dated using radiometric age-dating techniques. The...
-
Many studies find that higher levels of education quality (as measured by test scores) in-crease growth rates of national income. What are the implications of this finding for whether or not...
-
The analysis surrounding Figure 7.1 assumes that public schooling is a take- it- or- leave- it option. That is, individuals are not allowed to supplement public education with private lessons. Show...
-
FX Corporation provides special effects for movies filmed in Manitoba. The company needs a sophisticated piece of equipment that can only be sourced from the United States. FX submitted a purchase...
-
Jorge and Anita, married taxpayers, earn $ 1 5 0 , 5 0 0 in taxable income and $ 4 0 , 5 0 0 in interest from an investment in City of Heflin bonds. ( Use the U . S . tax rate schedule for married...
-
Brie signs an instrument in which she promises to pay Carmen a certain price for her Dodge Dart. The instrument will be negotiable if it meets all of the requirements for negotiability, including...
-
A pipe of external diameter D = 71.5 mm and wall thickness t = 5.00 mm is connected to a square tube of external side length s = 64.4 mm and wall thickness t2 = 6.00 mm. A pipe here refers to a...
-
The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year: Preferred 1 % Stock, $ 5 0 par ( 1 0 0 , 0 0 0 shares authorized, 7 9 , 5 0 0...
-
Legacy Furniture Co. General Ledger ASSETS 110 Cash 111 Petty Cash 112 Accounts Receivable 114 Interest Receivable 115 Notes Receivable 116 Merchandise Inventory 117 Supplies 119 Prepaid Insurance...
-
Find the velocity, acceleration, and speed of a particle with the given position function. r(t) = t sin t i + t cos t j + t 2 k
-
Use critical values to test the null hypothesis H0: 1 2 = 20 versus the alternative hypothesis H0: 1 2 20 by setting a equal to .10, .05, .01, and .001. How much evidence is there that the...
-
Consider the soft drink delivery time data in Table 2.10. After examining the original regression model (Example 2.9), one analyst claimed that the model was invalid because the intercept was not...
-
Jellystone National Park is located 10 minutes away from city A and 20 minutes away from city B. Cities A and B have 200,000 inhabitants each, and residents in both cities have the same income and...
-
Imagine you are the governor of Massachusetts 15 years ago and need to decide if you should support the Big Dig highway and bridge construction project. The Big Dig is estimated to take seven years...
-
In a recent study, Americans stated that they were willing to pay $70 billion to protect all endangered species and also stated that they were willing to pay $15 billion to protect a single species....
-
Develop a 3-year financial projection for your proposed cancer tele-genetics program . State any and all assumptions you make in creating your estimates. Please consider the following in creating...
-
Lets assume that we have project L, which has a 40% chance of turning out good. The company Raises $7,000, 50% from bondholders demanding a 6% interest rate and 50% from stockholders, which becomes...
-
Please assist in the filling out the above and below table. I have provided all information that has been provided to me. Company Shares Outstanding Latest Share Price MVE Total Debt W d W e a b c =...
Study smarter with the SolutionInn App