Winter for Higher-Ed
Financial Aid Puts a Squeeze on the Middle Class
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  • Andrew Allison

    ACA is even worse. Our AGI is just over the limit for subsidies and we would pay twice as much as somebody making about $1000 less.

  • Corlyss

    “almost nobody pays full price for college.”
    That’s extremely amusing. There’s almost no one who doesn’t pay when the universities are awash in public monies of one kind or another.

  • Fat_Man

    “cutbacks in state aid have decreased the money available to schools”

    Enough with this lazy prose. The schools set their own budgets. If state subsidies go down, they are not compelled to raise tuition by some law of nature. They could cut costs. Of course the $2 million president and the $4 million dollar football coach view their pay as sacrosanct and the taxpayers and students money as negotiable.

    • anamax

      If your football program isn’t paying its way and then some, you’re doing it wrong. (Stanford’s football program is a big profit center.)

      • dwpittelli

        Well then, most are doing it wrong.

        • richard40

          Actually at most of the colleges that pay coaches well, when you combine ticket sales, TV revenues, and alumni support, the football program normally is indeed a net revenue producer. If you want an even better target for gross waste, I would cut the diversity administrators, who bring in nothing.

  • lhfry

    If these “setasides” were personal donations to a charity that supported tuition for poor college students, the donors would at least get a tax deduction out of it.

  • Doesn’t it seem that any time a third-party is payer for any service, the consequence is a bubble?

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