Public Intervention in Post-Secondary Education
Thomas J. Kane
Chapter 23 in Handbook of the Economics of Education, 2006, vol. 2, pp 1369-1401 from Elsevier
Abstract:
This chapter provides an overview of the nature of state and federal subsidies to higher education and the empirical evidence on the impacts on students' college enrollment decisions. The discussion includes a brief discussion of the incentives created by federal and state subsidies for institutions and for students, a summary of trends in enrollment rates by race and income, a survey of the empirical evidence on the impacts of financial aid policies, and a discussion of the possible role supply constraints may have played on the rise in the payoff to schooling over the last two decades.
Keywords: tuition; financial aid; capacity constraints; borrowing constraints; higher education; means-tested grant aid; subsidies-in-kind; faculty salaries; SAT scores; Pell Grant; Stafford Loan; Hope Tax Credit; Lifetime Learning Tax Credit; Expected Family Contribution; implicit tax; enrollment rate; education wage differential; racial gap; National Assessment of Educational Progress; educational attainment; D.C. Tuition Assistance Grant; perfect capital market; Vietnam War; tax credit (search for similar items in EconPapers)
JEL-codes: I2 (search for similar items in EconPapers)
Date: 2006
ISBN: 978-0-444-52819-3
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Citations: View citations in EconPapers (51)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:educhp:2-23
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