This review of the literature on tuition assistance programs reveals that many companies sponsor adult learning programs, either as a training tool or a fringe benefit, but few employees take advantage of the opportunities. (SK)

For those students incurring direct educational expenditures that are high enough, the current personal income tax will discourage investment in human capital, assuming tax rates are essentially proportional over the relevant range. In all probability, however, any distortion between investment in human and physical capital is quantitatively…