On making public education free: "The first step is to calculate how much it would cost to make all public higher education free in the United States. In 2008-9, there were 6.5 million full-time-equivalent undergraduate students enrolled in public four-year universities and 4.3 million enrolled in community colleges. In 2009-10, the average cost of tuition, room, and board for undergraduates at public four-year institutions was $15,014; at two-year public colleges, it was $7,703. If we multiply the number of students in each segment of public higher education by the average total cost, we discover that the cost of making all public universities free would have been $97-billion in 2009-10, with an annual cost of $33-billion for all community colleges—or a total of $130-billion. While $130-billion seems like a large figure, we need to remember that in 2010, the federal government spent more than $30-billion on Pell Grants and $104-billion on student loans, and the states spent at least $10-billion on financial aid for universities and colleges and an additional $76-billion for direct support of higher education. Furthermore, looking at various state and federal tax breaks and deductions for tuition, it might be possible to make all public higher education free by just using current resources in a more effective manner." chronicle/article/For-Public-Colleges-the-Best/140623/?cid=at&utm_source=at&utm_medium=en
Posted on: Fri, 09 Aug 2013 02:20:06 +0000
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