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Depends on the theory. If you believe that college education is a positional good - that it allows people to be classified as middle-class and be prioritized fo
by ThrustVectoring 8y ago
Depends on the theory. If you believe that college education is a positional good - that it allows people to be classified as middle-class and be prioritized for white collar work at the expense of non-college-educated competitors - then tax subsidies is the last thing you'd want to do.
- elliekelly 8y agoWow. That's a really good point... subsidies lead to overconsumption and overconsumption of education leads to "degree inflation" which leads to... even more overconsumption of education. Yikes.