To think critically about: Effects in reference to college education.
Explanation of Solution
Effects from college education to the society:
There are different benefits from educating a community. Some of them are, they would volunteer tasks in the society, appreciate leadership, enrich economic and civic lives in a community, and provide philanthropic support. These people will pay more taxes and be less dependent on government services.
Good education will pay good package. This will allow the individuals to maintain their status and health. The number of educated individuals will increase the economic value of the country.
Potential effects over the following:
Family: The family will move upwards economically. They will have an opportunity to enjoy various upgraded facility in the society. They will not depend on government majorly for their daily needs. The status of the family will increase. The generation will be even more educated and the child upbringing methodology will standardize.
Government: Usually, government depends on graduated for its disproportionate tax revenues. They will earn more and be taxed at a rate higher than the marginal rate. These people will be less dependent on the government for their needs like medical, housing, nutrition, employment-
Economy: The graduated ones will know the national need in the sections like agriculture, federal government, health, computer science, education, physical sciences, engineering, math, social work, foreign languages, and protective services. Also, the per capita income of an individual will be high. All this will improve the overall economy with the inflow and outflow of funds.
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