Colleges Beg for a Bail Out

Posted on December 12, 2008
Filed Under News, The Daily Prereq | By Mike Dang

Now that the auto industry is close to a deal, maybe it’s time to bail out higher education. According to The Chronicle of Higher Education, a professor of economics at Skidmore College spoke at a House Appropriations Committee hearing to plead for student aid money, since, you know, no one can afford college. The argument? More money means more students can afford to go to college. More students going to college means less people competing for jobs and more people learning skills they’ll need to get jobs later.

David R. Obey, a Wisconsin Democrat and the committee’s chairman decided to play devil’s advocate and asked if colleges were just using the recession as an excuse to get more money. Fair enough, but seriously, do we really need a reason to give students who can’t afford to go to college a leg up?

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2 Responses to “Colleges Beg for a Bail Out”

  1. Lisa on December 14th, 2008 12:32 am

    That is utterly ridiculous. First of all, the HAC’s argument could be true for any business or corporation asking for more money, but fact of the matter is sometimes aid has to be given. Students not having enough money to go to college in the long run will damage the economy even more. No college = no skills = no one to do the job.

  2. College Candy » Candy Dish: Itty Bitty Miley Cyrus on December 15th, 2008 11:00 am

    […] Colleges begging for bailout. […]

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