School finance is one of the most complex issues in state government. Because of that complexity, much confusion exists regarding the effect on both state and local school district budgets from various forms of educational choice. This paper is intended to help illuminate this issue and explain the ‘how and why’ of fiscal effects on the state and local public schools.
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...