Enacting a universally available Education Savings Account (ESA) program in Texas could have huge benefits tied to crime reduction. Texas could save $194 million in social costs by 2035 due to the crime-reducing effects of a universal ESA program.
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...