Pay of public school teachers

Pay of public school teachers

1. Pay of public school teachers is not market-based but is set by salary schedules within school districts. Discuss some economic arguments for and against such a system.

2. Discuss some economic arguments for and against school choice in K-12 education.

3. In what sense might the system of higher education access and finance in the U.S. be considered efficient? What are the consequences for inequality? Is there a tradeoff between the two? Explain.
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