Barack Obama has had it with universities "jacking up tuition" every year. He has announced that schools that are doing that will have their federal aid taken away and instead given to schools showing "restraint and value." This comes from the President who has "restrained" himself to "jacking up" our national debt by approximately $6 trillion since he took office 3 years ago.
What does that really mean? At the end of George Bush's term, the share of the national debt apportioned to each person in America was about $34,000. Now, it is about $48,000. That's roughly a 43% increase. At the same time, average tuition and fees at public colleges rose roughly 8% per year or around 25%. I don't think we can afford 4 more years of Obama's "restraint and value."
"Obama tells schools to rein in costs or risk loss of aid." The Dallas Morning News; January 28, 2012; p. 13A.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment