Over the last three decades, college costs have increased nearly four times faster than median family income. Financial aid has not filled the growing gap, and the share of college costs not covered by financial aid or what the family is expected to contribute has risen sharply. Rising costs and rising debt make college a riskier investment for…

In these times of reforming public education, considerable debate is being given to alternative schooling options. Many policymakers view school choice as a means of increasing parental influence of educational services and of reducing the control of government, professional administrators, and educators. These alternative schooling options have…

Basic questions concerning the debate over tuition tax credits and expanded student aid and perspectives about the relationship between college costs and family income are discussed. The fundamental policy issues, rather than strictly economic issues, are the focus of attention. The most obvious challenge to existing policy has been support for…