On equity grounds and given that it generates substantial social returns, secondary education should be fully funded by the state. For example, a worker's schooling enhances his or her own productivity as well as those of co-workers, thereby giving rise to classical externalities or spillover effects. The general level of education in the workforce also expands production possibilities, by facilitating the discovery, adaptation and use of more economically rewarding, albeit technologically more demanding and knowledge-intensive, production processes. By making it free, all learners who were unable to access public secondary education on account of financial constraints will join school. [source (PDF)]
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