COMensarations
Friday, January 05, 2007
Funding Higher Ed: Two Points of View
One asks the state for more higher ed money, saying it’s needed. The other says to the feds: why do you think they need it?
Today’s Pueblo Chieftain trumpets the need for more state spending on higher ed in the state, lauding the efforts of Colorado Succeeds to get the legislature to pump more money into the state’s colleges and universities.
Meanwhile, over on Townhall.com, Jason Mattera points out how fat cat universities don’t need any more money because they’ve got endowments with investment incomes that make third world countries jealous. He points out how tuitions keep rising, while at the same time, endowments keep increasing and federal government aid keeps increasing. And no one has effectively demonstrated why colleges and universities need the money, although he notices a lot of bloat in administrative positions.