Consumers and producers are uniquely situated to make judgments about meeting their own wants and needs. So government regulation in the name of protecting consumers and competition-or in any other name for that matter-rarely lives up to its billing.
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...