On March 14, the Goldwater Institute, an Arizona think tank that favors market-based solutions to public policy issues, released a study that education leaders and policy makers in North Carolina should read and consider. Entitled “Cash for College: Bringing Free-Market Reform to Higher Education,” (available here) the paper argues that Arizona’s higher education system would benefit from the adoption of a new policy that would grant higher education money directly to students rather than appropriating funds to public colleges and universities.

The author of the study, Dr. Vicki Murray, makes a strong case that “Giving grants directly to students would expand their educational options and would help make the delivery of higher education in Arizona more efficient.” Undoubtedly, those are goals worth pursuing.