I've been working on a project focused on making higher education more cost effective via market forces. Reading the academic literature in higher education is often baffling. Apparently, being efficient means your costs are not rising faster than revenue or, unlike other government agencies, you do not spend $500 on a hammer (so to speak).
More still, is the bizarre notion that we subsidize education to produce a better educated workforce/voter populace. Yet, they subsidize the tuition only for their residents living in-state prior to college.
Would it not make more sense to pay subsidies (on the grounds of their own logic) to those students who live in-state after college graduation, regardless of their state of origin? Comments open.
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