“Colleges have raised tuition prices and let costs run amok for decades — all the while directing more of their own institutional aid to students from wealthier families. Still the federal aid just kept coming.  If colleges had instead used financial aid to improve affordability, a college degree would cost about $3,500 less.  Instead, colleges seem to be pouring more money into administrative bloat.  Americans should learn from our experience with No Child Left Behind, which added nearly 8 million additional administrative hours at a cost of more than $235 million annually to K-12 education. Colleges will face similar additional red tape under Obama’s College Scorecard scheme.”

http://www.independent.org/newsroom/article.asp?id=4711

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy