June 27, 2008

America's Damaging Lack of Investment in Higher Education

By RICHARD G. DIFELICIANTONIO

Recent efforts to deal with college affordability, including measures now before Congress, raise many questions: Why does college cost so much? How can students ever be expected to pay back their loan debt? Why does the middle class always get squeezed?

At the root of all those problems is the most fundamental issue: Who should pay for college? Is college, touted as a ticket to prosperity, a personal investment, with its cost to be borne mostly by the individual? Or is it a public

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