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The Economics Of Education: A Case Study Of Wachusett Regional High School, Carly E. Holbrook

Economics Honors Papers

[Introduction]Over two thousand years ago, Aristotle said, “the fate of empires depends on the education of youth.” (Peter 1977: 173). This study will attempt to determine some of the important factors about the economics of high school education in the United States. Schools exist to serve children, their parents, and society at large, and these three groups do not always have identical interests. Therefore, education has many goals besides the obvious one of increased cognitive ability, and the best methods for achieving the desired effects have not been agreed upon. Economists label the process by which education creates these outcomes …