A landmark study presenting an assessment of four issues often raised about proposed school choice plans. The study shows that academic quality is an important motivating factor for low-income parents who desire school choice. public schools will not be monetarily hurt by a voucher plan because a limited number of private school vacancies will prevent a mass exodus from 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...