Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (242116)	1/14/2014 12:41:28 PM
From: Sam	Read Replies (1) \| Respond to of 541616

There has always been aid for students who could not afford college. One of the signal achievements of American higher education. You could also see it as a response to the signal weakness of American higher education. In most developed countries these days, if you pass an exam, you get to go to university for small amounts of money.

To: JohnM who wrote (242116)	1/14/2014 3:24:43 PM
From: research1234	Read Replies (1) \| Respond to of 541616

I acknowledge that colleges have long provided tuition aid, but the amount of such aid and the size of college loans today dwarfs the counterparts of a decade or three earlier. Higher ed costs have skyrocketed, in large part due to the greater availability of college loans. The issue is middle class families who in prior generations would have been able to pay for such costs outright, vs today when many are deemed too wealthy to get need-based aid, but need to take out sizable loans instead. Frankly, given the amount of money involved, and the vast expansion in the number of highly paid college administrators, I believe that some of the need-based grant allocations would not bear scrutiny if done in the light of day instead of the dark recesses of academic administration. I think society would be better off if we had a public debate regarding need-based grants instead of letting letting college administrators allocate money in the dark of night. The issue if not one of intruding on how colleges spend money educating students Rather, some are posing legitimate questions as to whether it is appropriate for colleges to charge what has become a significant tax on tuition paid by some middle class families so that college administrators can give free money to other families.