Negative Externalities of Education
The externalities of education are the social and public rewards or incentives that emanate from a person's education that help members of the society within the current and future generations. Positive externalities are regarded as the spillover effects whereas negative externalities are external costs. While education has largely been identified with positive externalities since it generates external returns for the society, it also has negative externalities. The negative externalities form the basis with which the adoption of private schooling systems is endorsed rather than public schooling systems.
Negative Externalities of Education:
Some of the evident negative externalities of education that take place in several ways include the following
More Individual Benefits:
One of the major negative externality...
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