A plethora of myths surround the causes of skyrocketing tuitions, crushing student-loan debt, and declining academic standards. College students, parents, and taxpayers must get beyond these myths to become better informed consumers of higher education.
Higher Education Subsidization: Why and How Should We Subsidize Higher Education?
We provide massive college subsidies at both the federal and state level. This paper explores the justifications for these college subsidies, subsidy design considerations, and evaluates the main subsidy programs to assess whether they are well-designed. Our evaluation discovers reasons to eliminate some subsidies and ways to improve other subsidies. Key points: Subsidies for higher...