Categories
Economics & Trade Old Content

A report card on higher education in the USA is not encouraging

Every student and the parent of every student thinking of higher education in the United States should download Measuring Up, 2008. The Natiional Report Card on Higher Education .

This is seriously important so that title is set in bold. Click on it to read the report. It is pretty damning.

We have run the chart bigger than we do most illustrations for it show the frightening — the only word for it — rise in charges. The line at the top shows how it has soared miles above the cost of living.

In affordability every state had an F except for, amazingly, California, which had a C- which is, admittedly, nothing to boast about.

If you read the document in full you realize why American universities do so much recruiting overseas.

They want the money. They probably desperately need the money.

The critical report

      The critical report

One quotation sums up the situation:

‘State leaders face a crucial choice in determining state policty for higher education.

‘They can respond to their current budget crises in the udual patterns of the past, by allowing tuition and student aid policy to play second fiddle on institutional finance.

‘States that select this course will most likely see precipitous tuition increases, cuts in student financial aid, and drops in college access. . . . College affordability will continue to deteriorate.’

The whole report is quite frightening.
Source: The National Report Card on Higher Education

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading