ERIC Number: ED125471
Record Type: Non-Journal
Publication Date: 1976-Jun
Reference Count: N/A
An Analysis of the Monetary Benefits and Costs of Higher Education in New Jersey in 1975-1976.
New Jersey State Commission on Financing Postsecondary Education, Trenton.
The equitability of current New Jersey State programs supporting higher education is the primary focus of this study. Taxpayer equity is defined as the distribution of higher education costs on the basis of ability to pay and commensurate with the distribution of higher education subsidies. The net effect of all state programs on each income group is summarized. The state programs are described in terms of their net impact on families with students in each collegiate sector. The results indicate that income is redistributed from those families with incomes between $5,000 and $15,000 to families earning above $15,000 and below $5,000. The receipt of net state aid benefits is not contingent on a group's ability to pay and is therefore inequitable. Several policy changes are suggested to produce a more equitable financing system including: increase state student aid to students from families earning between $5,000 and $15,000; change the patterns of distributing state institutional aid; and alter the state tax structure to generate state funds in a more progressive manner. (JMF)
Descriptors: Cost Effectiveness, Costs, Educational Benefits, Educational Finance, Family Income, Financial Support, Higher Education, Justice, State Aid, State Programs, Student Financial Aid, Tax Allocation, Taxes
State of New Jersey, Commission on Financing Post-Secondary Education, 20 Nassau Street, Suite 250, Princeton, New Jersey 08540
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: New Jersey State Commission on Financing Postsecondary Education, Trenton.
Identifiers - Location: New Jersey