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Tuesday, January 22, 2008

The Demo Memo: Is The U.S. Serious About Higher Education?

Excerpted from this post at The Demo Memo

In today's Des Moines Register, there's a story about how Iowa's
Republican senator, Chuck Grassley, chided higher education
institutions into using more of their endowment funds to pay for
tuition for struggling students. It seems that they were listening, as
Yale has agreed to help "struggling" families making "as little" as
$180,000 per year. Excuse me, but since when are families making
$180,000 dollars per year "struggling?" And, if a family can't afford
to send their student to Yale, there are a lot of other fine
institutions that charge quite a bit less. The real crisis in
education in this country is the lack of federally backed student
loans for every student.

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Mike Schramm
Andy Szal

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