Answer to Question #98986 in Macroeconomics for annie

Question

Write a factor that may increase the value of education.

Answer 1

There are several factors increasing the value of education. The most important of them is employment opportunities (in particular sphere or on well-payed positions). Other factors are demand for education on some territory and the amount of schools (in case of lack of schools they may be expensive). Also, one of the reasons can be the high level of salaries and high education costs (for example, in areas of far north).