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Measuring Educational Value Added(3)

May 13, 2015

What are the top colleges and universities in Virginia? We know the usual roster, based upon the annual survey by U.S. News & World Report: The University of Virginia, College of William and Mary, and Virginia Tech. Essentially, U.S. News measures the prestige of an institution. But how well do colleges and universities actually prepare students to earn a living? That’s […]

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The Rich Do Pay Their Fair Share – And More!

While the political season seems to never end, with presidential elections looming we are starting to hear again that “the rich aren’t paying their fair share.” We could spend a lot of time arguing over what is fair. I am not one who believes progressively higher taxation with higher income is fair, but I’ll leave […]

A Level Financial Playing Field For P3 Projects

One of the perennial arguments raised against long-term public-private partnerships (P3s) for transportation infrastructure is that the financing cost will be higher, because revenue bonds issued by the private sector carry higher interest rates, since the interest on those bonds is taxable. If the same project were carried out by a government toll agency, the […]

The Case For Long-Term Concessions

Long-term contractual arrangements between a state DOT and a consortium of companies to design, build, finance, operate, and maintain a highway, bridge, or tunnel represent a major paradigm shift in how such projects are procured, operated, and maintained. So it’s not surprising that there is resistance to this dramatically different model. Frequently, resistance to a […]


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