Question

A for-profit university that accepts students with federally-backed student loans is an example of of education.

A. public provision

B. public funding

C. both public provision and public funding

D. None of the Above

Answer 1

Option B - public funding

Explanation : Any kind of payment towards education such as a subsidy, waiver or loan the government provides.

Public funding is money that comes from the government often through taxes, fines and fees, that is used to help the public through goods and services. The funds are gathered and distributed on different levels such as the federal level, state level, and even local level. Public funding helps provide health programs, community services, restoration programs, public service programs and even environmental programs. These programs benefit the members of the community in which the funds are used.

Meaning of other option A which is not the answer.

Public provision is the direct production of education services such as through public schooling.