Question

Education policy Mexico's Oportunidades program offered a monthly cash transfer to poor families conditional on the family sending their kids to school regularly. Describe how this program can affect educational attainment in Mexico by explaining the expected present value of the benefits and costs of attending school

Answer 1

In simple words, this program can achieve a lot of positive results in future. The cost of this project is the money that the government has to pay but it can result in an effective labor force which is able to perform complicated task. An educated labor also means more innovation in the country which can bring exponential growth to the economy as well.