Our Economic Times: Higher Education Policy

Nicholas Mangee

Abstract

Attaining higher education is inextricably tied to one’s future earnings capacity and increases the nation’s productivity as a whole. Alas, tuition levels at historic highs present financial challenges to many families and lead to an average of $26,000 of debt per student for successful graduates. There are, however, value-oriented paths to higher education available in the form of state colleges and universities whose tuition levels are considerably less than that of private and out-of-state institutions...