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There have also been massive cuts in state aid. Frankly, having the federal government instead of state governments pay for college seems better -- the fed alw
by x0x0 10y ago
There have also been massive cuts in state aid. Frankly, having the federal government instead of state governments pay for college seems better -- the fed always captures benefits (increased tax money) while if you leave the state you grew up in, the state takes a bath on you.
- btilly 10y agoI disbelieve. The cuts in state aid were mostly due to the 2008 financial crisis. However over decades, tuition has been rising significantly faster than inflation, while state aid has mostly kept up with inflation. Furthermore rising tuition is not just a phenomena of state schools. Private universities have seen tuition skyrocket over the decades by similar percentages as public schools, and they never received state aid.
- mjevans 10y agoThey did receive 'aid' in two forms: * Student loans that cannot be discharged via bankruptcy. * Student loans that are more accessible thanks to both government loans and lending policies that encourage banks and credit unions to furnish student loans.
- btilly 10y agoYes, but that is not what is meant by "state aid".
- x0x0 10y agoNo, aid cuts where not due to 2008. eg in WI, which I'm familiar with, they started in approx 2001 and were cut by 50% over that decade. Eg in 2000, students paid about 30% of the cost and by 2010 60%. https://badgerherald.com/news/2010/04/07/as-state-funding-fal/ https://badgerherald.com/news/2010/04/07/as-state-funding-fa... and the cuts have continued, eg a further $250m in 2016 http://host.madison.com/wsj/news/local/education/university/university-of-wisconsin-system-faces-million-cut-restructuring/article_c3489fee-4449-11e0-921b-001cc4c03286.html http://host.madison.com/wsj/news/local/education/university/...