The evolution of public spending on higher education in a democracy
Alexander Haupt ()
European Journal of Political Economy, 2012, vol. 28, issue 4, 557-573
This paper analyses a political force that can cause an initial expansion of public spending on higher education and an ensuing decline in subsidies per student: the increase in the number, and thus voting power, of skilled parents. The rise of the skilled class leads to a majority for an initial expansion of public education spending. This expansion further boosts the number of skilled parents and, thus, future demand for higher education. The induced shift in demand implies that the initial subsidy per student becomes too expensive to be politically sustainable. The initial educational ‘take-off’ provokes a backlash at the polls. A majority now successfully calls for higher private contributions to the costs of university education. Nevertheless, overall enrolment continues to rise. But equality of opportunity, that went up in the expansion period, declines afterwards.
Keywords: Higher education; Voting; Social stratification; Social mobility; Overlapping generations (search for similar items in EconPapers)
JEL-codes: I22 D72 H52 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: The Evolution of Public Spending on Higher Education in a Democracy (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:28:y:2012:i:4:p:557-573
Access Statistics for this article
European Journal of Political Economy is currently edited by J. De Haan, A. L. Hillman and H. W. Ursprung
More articles in European Journal of Political Economy from Elsevier
Bibliographic data for series maintained by Haili He ().