• Mackinac Center for Public Policy
  • Issues
    • Bills & Votes
    • Budget & Taxes
    • Capitol News
    • Education
    • Labor
    • Legal Foundation
  • Right-to-Work
  • CapCon
  • MCLF
  • Votes
  • Databases
    • School
    • Labor
    • Tax Breaks
  • Share
    • Twitter
    • Facebook
    • Email
    • Mobile
    • RSS
  • Home
  • Publications
    • Videos
    • Blog
    • Studies
    • More …
  • Events
  • Press Room
  • Site Map
  • About Us
    • Purpose
    • Contact
    • Personnel
    • Directions
    • Employment
    • More …
  • Contribute
Study

The Michigan Education Trust: A Political Economy Perspective

By Dr. Peter J. Boettke, published on March 1, 1990

Touted as cutting-edge public policy, the MET program is found to be a flawed political promise that might have to be bailed out by state taxpayers. Parents who want to save for their children's education have better options in the private marketplace. Subsequent events led Governor Engler to scrap the program. 25 pages.

Contents

  • I. Introduction
  • II. The National Trend Away From College Prepaid Tuition
    • A. College Savings Bond Programs
  • III. Security And Simplicity
    • A. Purpose of MET
    • B. An Overview of The Assumptions
      • 1. Investment Results
      • 2. Enrollment And Tuition Costs
      • 3. Inter-generational Transfers
  • IV. The Consequences Of MET
    • A. Income Distribution And MET
    • B. University Independence And MET
  • V. Recommendations
  • VI. Summary
  • Appendix 1 - THE ECONOMICS OF MET: A PRESENT VALUE ANALYSIS
  • Appendix 2
  • Endnotes
  • About the Author
SKU: S1990-02

Dr. Peter J. Boettke

Tools

  • Email
  • Print
  • Order

Share More …

Mackinac Center
  • Home
  • Search
  • Site Map
  • About Us
  • Contribute
  • Terms of Use
  • ©1990
    Mackinac Center for Public Policy
  • Phone: 989-631-0900
  • Publications and Sites
  • This Week at Mackinac
  • Michigan Capitol Confidential
  • MichiganVotes
  • Michigan Education Digest
  • Studies Videos
  • Mackinac Center Legal Foundation
  • The Overton Window
  • MichiganScience
  • Give
  • Learn how you can help the Mackinac Center provide incisive, accurate and timely analysis of critical policy issues.
  • Connect
  • Sign up for email
  • Facebook
  • Twitter
  • RSS

Copyright © 1990 Mackinac Center for Public Policy
www.mackinac.org