Posted on 01/27/2012 8:07:17 AM PST by maggief
EXCERPT
We are putting colleges on notice, Obama said. You cant assume that you'll just jack up tuition every single year. If you cant stop tuition from going up, then the funding you get from taxpayers each year will go down.
(Excerpt) Read more at bostonglobe.com ...
Next, it’ll be the manufacturers turn.....”you can’t just raise prices on stuff you make”.............
Rising state and federal student aid IS the reason tuition goes up. Astoundingly, Obama has hit on the solution: cut student aid.
Simple. Cut the salaries of all the leftist professors and staff.
The left is so dumb that they don’t realize that eventual cost controls will be put in place by socialist/marxist government and they will be told what they will make. It won’t be the excessive salaries they are currently making.
What is good for the goose will be good for the gander.
Yet he takes the opposite tack when considering federal spending, hmmm
He’s actually right. The difference with manufacturers is that they don’t raise prices because their government subsidies go up, and they can. Vedder and Cox have shown that government student aid is THE reason colleges feel like they can repeatedly raise tuitions.
I have read that institutions like Hahvaaahd have something near $5 billion in endowments that never gets touched......
What a complete idiot. Not even a 9th grade understanding.
Cut all federal aid to college and let those who can afford it and those who work hard enough to win scholarships attend.
Why should the government be giving money to the universities when they have billions in assets?..............
BigEducation’s “windfall profits” are fuelled wholly your Marxist state’s policies, dumbass.
Why don’t you call the heads of Ivy League schools (for example), before a televised grilling session from the semi-literate, economically ignorant smegma infesting Congress?
Obama is playing to the crowd in an election year. Of course, there is no doubt that Obama’s taking over of the student loan program gives him the power to threaten and cajole, which is why he did it in the first place. Obama will select the winners and losers. And I doubt that there will be cuts in student aid.
Paging Ayn Rand, Ayn Rand to the white courtesy phone.....
When did Obama become the Governor of Michigan?
Shouldn’t.
Harvard Endowment Rises $4.4 Billion to $32 Billion
http://harvardmagazine.com/2011/09/harvard-endowment-rises-to-32-billion
Harvard University announced today that its endowment earned a 21.4 percent return and was valued at $32 billion for the fiscal year that ended June 30, 2011.
http://news.harvard.edu/gazette/story/2011/09/harvard-university-endowment-earns-21-4-percent-return-for-fiscal-year/
“Simple. Cut the salaries of all the leftist professors and staff.”
Exactly. I looked over the Berkeley budget. They spend over $500 million a year on staff. Not faculty, STAFF. Yet none of the pinhead students can figure out that the problem is that just about 90% of their tuition is spent on the adults and not the students.
WOW!!!!!.......I want to know who there investment manager is !!!!!!...............
Well you can’t “just jack up taxes” either, d***head Obama!
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