Five Approaches to Subsidizing Students
Specialists sometimes like to talk as if post-secondary funding is some kind of arcane science. But if you cut to the chase, it’s actually pretty simple. You can tinker around the edges, and you can use different techniques to fund different parts of the system, but fundamentally there are only these five approaches: Subsidize nothing. Some education is private and does not attract any subsidy. In fact, in large swathes of Asia, Africa and Latin America (not to mention about