Examines, using a simple model, the choice of appropriate contributions of taxes and fees used to finance higher education. A two-period model is developed in which individuals in cohort invest in higher education in the first period, and the interdependences between educational choice and the...

Examines, using a simple model, the choice of appropriate contributions of taxes and fees used to finance higher education. A two‐period model is developed in which individuals in cohort invest in higher education in the first period, and the interdependences between educational choice and the...