Comments about ‘Utah higher ed a bit pinched’
But state's enrollment is up, loans being issued
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Mission accomplished GOP and Mr.George Cheney Bush Inc.
Perhaps higher education should consider cutting their spending on non-education expenses.
What about the pay for University Presidents and adminstrators? They did not take vows of poverty, but they should not expect salaries at the level of successful major corporate leaders either.
How much goes to paying sports coaches and giving scholarships to gifted sports team members who fail to graduate?
And, perhaps some students just should not go to college if they are not well prepared. How much money and time is wasted on remedial courses teaching stuff that our declining public schools are failing to teach adequatedly?
Extorting more money from taxpayers, or raising tuition should never be the first choice for balancing budgets.
But, given the liberal indoctrination camp proclivites of higher education they may think that is their only option.
I'm a professor at a Utah University and have several students who had to drop out this semester because they were denied loans. O
A core problem with higher education funding is higher education philosophy itself. Higher education promotes and supports marxist philosophy as the economic model best for any society. As a result they have used their resources to promote growth in government entitlement programs. This has resulted in higher education receiving a smaller piece of the tax pie. Marxist societies historically creates smaller pies while growing the number of people dependent on those pies. We are now seeing that in Utah.
Unlike California, who now finds itself in a financial crisis, Utah has a constitutionally balanced budget. During economic cycles that budget will go up and down. Since 100% of all income tax revenue goes to public education, the best way to increase money going to education would be to grow the economic pie in Utah. Adopt economic policies that will attract companies in California now looking to move to a state that has sound economic policies. The more businesses the come to Utah, the more money for education.
Universities have been more greedy than any company I can name. Harvard has enough in endowmnts to give all students free tuition. Many of my instructors taught one class and their TA's did any labs. The cost of college had surpassed the cost of energy in terms of increases year when you look at their average over the last twenty years. In think like housing all these loans and grants have inflated tuition like zero down loans inflated the price of real estate.
Education is, in reality one of those "sacred cows" that we, as taxpayers keep feeding money to with very little oversight.
The best thing to happen to higher education would be to have the gov't. help with tuition assistance and other programs based on the EFFICIENCY of the institution. In other words, if say Snow College awarded more degrees, had a lower payroll, had a lower student to teacher ratio, than, say Dixie College, then they would get more funds and their tuition in turn could be cheaper.
Higher education bleeds gov't and the students to the greatest extent that they can. Its another of those government institutions that doesn't get enough oversight and basically just asks for a "blank check" year after year.
After all, what politician DARES question ANY aspect of higher education?
Its a VERY necessary part of our society, but over the years has just become a "black hole" that we keep sinking money into with very little accountability.
Not to worry my friends, Obama will tax more from working people and then pay for your college tuition. I know this is not how your parents put THEMSELVES through college, but that was then and this is now.
The only thing Obama asks from you for paying for your tuition is you vote. So simple even K-12 could understand this vote getting scheme.
Way to make a blanket stmt without any facts to back it up. The truth is that both candidates promote increasing taxes. We have to pay for the bailout somehow.
As a CPA specializing in corporate tax, I can tell you that Obama plans to increase taxes on those making over 250K by reinstating FICA for those individuals and repealing the capital gains tax, which really only benefits people in this tax bracket. McCain, however, will increase taxes by taxing people on their employer-paid insurance premiums while keeping the capital gains loophole for the rich.
Bottom line: both plan to increase taxes. Obama to increase taxes on the rich; McCain on the poor. Please do some homework before posting lies.
I'm not advocating who you vote for. But just that you have the facts before you go to the polls. Such lies will do very little to help our country improve.
I work in the industry taxes have nothing to do with it. What the government did is cut the yield on the bonds attached to student loans. So now no investor wants to purchase the loans and it leaves a huge void in the private loan industry. As far as Obama he wants to do the Direct Loan Program. This will ruin the industry because processing will be delayed and if there are problems they will be outsourced to Jamaica. Government needs to leave the financial industry alone. The wonderful pell grant program that they have set up is underfunded by 5 billion dollars. You want problems with educational funding elect someone who wants big government.
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