Just a question, not trying to offend you.
Competition cannot lower the price of a service lower than it costs to produce it. At the moment, the average cost of educating a child to the school is approximately $8000 per year. Nobody is going to sell a service for a lower price than it costs to produce it. So the price for education (as we know it now) is always going to be, on average, more than $8000 per child per year. Which is pretty expensive considering that many people earn only $20,000 per year.
The only way to provide it at an affordable price would be to change the way we educate children so that it becomes cheap enough so that the majority of people can afford it. Of course, at this point you will say that the market will provide a solution. Yes, it probably will, but how long is it going to take? How many people will become illiterate before the market comes up with a solution?
Can you think of a cheaper way of educating children? Would removing sports achieve this?
2007-08-31
23:22:38
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6 answers
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asked by
Anonymous