Financing Undergraduate Education: Designing National Policy

Michael McPherson and Morton Schapiro

No DP-43, Williams Project on the Economics of Higher Education from Department of Economics, Williams College

Abstract: In this paper we summarize our recent work analyzing pricing, aid, access and choice in American higher education, and we draw out implications from those findings for national higher education policy. We find that real increases in net tuition have impaired access and choice principally for students from low-income families. The Clinton administration education proposals, rather than addressing the needs of this group, focus on providing tax benefits to middle and upper-middle income families. We argue that the nation needs a higher education program that provides more assistance to the students for whom the issue of college affordability is the most pressing.

Keywords: EDUCATION; PRICING (search for similar items in EconPapers)
JEL-codes: I21 I22 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in the National Tax Journal, September 1997, v. 50, iss. 3, pp. 557-71

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