Welfare effects of subsidizing higher education when access and quality are endogenous

Tuition and product quality are determined in cases where subsidies offset inefficiencies. Lower subsidies imply a tradeoff between access and quality. For all quality levels, social welfare increases in the subsidy whenever tuition exceeds the marginal cost.

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Year of publication:	2011
Authors:	Fethke, Gary
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 1, p. 45-48
Publisher:	Elsevier
Subject:	Tuition Quality Subsidy Welfare

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009146153