Government Policies And Educational Priorities
(Marvin H. Kosters)
College education has long been viewed as a key to economic advancement in American society, but in the past two decades the cost of paying for college has become significantly more burdensome for many students and their families. The essays in this volume examine federal subsidies for college education in light of both the broader aims of education policy and the entire sequence of investments that parents and students make in education. In particular, the authors consider whether federal policy should give higher priority to college education than to education at lower levels, and estimate the degree to which larger federal subsidies for college tuition are likely to increase enrollment, especially for youths from low-income families.
The editor, Marvin H. Kosters, is a resident scholar and the director of economic policy studies at AEI. The other contributors are Stephen V. Cameron, an assistant professor of economics and public affairs at Columbia University; Eric A. Hanushek, a professor of economics and public policy and the director of the W. Allen Wallis Institute in Political Economy at the University of Rochester; James J. Heckman, the Henry Schultz Distinguished Service Professor at the University of Chicago; Caroline Minter Hoxby, an associate professor of economics at Harvard University; and Thomas J. Kane, an associate professor of public policy at Harvard University's Kennedy School of Government.
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