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The government doesn't have a monopoly on education, especially not higher education. Transfer payments aren't the same thing as a centrally directed allocatio
by sdurkin 18y ago
The government doesn't have a monopoly on education, especially not higher education.
Transfer payments aren't the same thing as a centrally directed allocation of goods. You can still choose where to spend them. Even targeted assistance for education still lets you choose what institution to attend.
The transfer payments in the current system pay huge dividends over market allocation of educational goods, because the market tends to give these goods only to the children of those who are already well-off.
However, the primary and secondary public school system is radically broken, mostly through the fault of the government. It needs not only more competition, but also the elimination of local funding through property taxes.