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Answer the following questions based upon your current knowledge of your field of study(Accounting). These answers should be based upon your knowledge of your own field of study combined with the public and private goods as covered in this course. These are your opinions and should reflect thoughtful consideration of the topic. Your answer should be at least one page but no more than two pages.
Review the two articles below:
http://www.chronicle.com/blogs/innovations/is-education-a-public-good-or-a-private-good/28329
In your own words, explain if education is a public or private good. This is your opinion and as such there is not wrong or right answer. Be sure to define externalities, negative and positive spillovers, and what it means for a thing to be non-rivalrous and excludable. Be sure to address whether you feel for profit education is a net positive or negative thing for society.
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