Redistribution and Subsidies for Higher Education
研究了通过公共支出资助高等教育如何实现从纳税人到学生及其父母的资源转移,并解释了为何未受高等教育者的子女也能从中受益。
The financing of higher education through public spending imposes a transfer of resources from taxpayers to university students and their parents. We provide an explanation for this phenomenon. Those who attend institutions of higher education will earn more income in the future and will pay more taxes. People whose children do not receive higher education, however, should agree to help pay the cost of such education, providing that taxes are sufficiently high to ensure an adequate redistribution in favor of their own children at some time in the future.