Asked by Chelsey Wheatley on Jul 19, 2024

verifed

Verified

Because people usually exploit opportunities to make themselves better off,to encourage young people to go to college in their home state,state universities can:

A) charge higher tuition to in-state students.
B) award special scholarships to out-of-state students.
C) offer high-interest loans to in-state students.
D) offer lower tuition to in-state students.

In-state Students

Students enrolled in a public university or college within the same state in which they are residents, often eligible for lower tuition rates.

State Universities

Public universities that are primarily funded by a state government, offering higher education services to residents often at a reduced cost.

High-interest Loans

Loans that carry significantly higher interest rates than typical loans, often due to increased credit risk.

  • Discern the influence of incentives on decision-making processes in economic frameworks.
verifed

Verified Answer

KA
Kristen AndersonJul 20, 2024
Final Answer :
D
Explanation :
By offering lower tuition to in-state students, state universities can incentivize young people to attend college in their home state. This aligns with the idea that people will take advantage of opportunities to improve their individual situations. Additionally, it benefits the state by providing an educated workforce and potential future residents who are invested in the state's success.