Report | Budget Taxes and Public Investment

Financing Opportunity for Post-Secondary Education in the U.S.

Briefing Paper #14

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The key domestic issues facing America in the 1990s will center on
questions of “equity” — in both senses of the term. Equity means
“fairness,” but it also refers to investment such as corporate stock that pays
dividends based on the “profitability” of an asset. Equity stands in contrast
to debt which requires fixed repayment no matter how profitable the firm.