Victoria Haneman on Intergenerational Equity and Higher-Education Finance
In this episode, Victoria J. Haneman, Associate Professor of Law at the Creighton University School of Law, discusses her article "Intergenerational Equity, Student Loan Debt, and Taxing Rich Dead People," which will be published in the Virginia Tax Review. Haneman begins by explaining the concept of intergenerational equality, and why there is considerable inequality between the Baby Boomer generation and the Millennial generation. She observes that the burden of financing higher education has moved from the government to students, and that students face crippling debt burdens. She argues that debt is a common pool resource that is being overused, and that we should return to government funding. Among other things, she argues that the government should increase transfer and gift taxes. Haneman is on Twitter at @TaxLawProf.