Higher Education has large externalities. Therefore, higher education
Should be provided free of charge to anyone wanting to enroll.

Is this true, false or uncertain?
Please add some intuition as well.

Thank you very much.

1) The evidence on externalities and credit constraints in post-secondary schooling suggests that university education should not be subsidized.

Is this true, false or uncertain?
What are the arguments for and pro subsidizing higher education?
Thank you very much!

Since this is your homework assignment, what do you think?