September 1, 2006

Underinvesting in the Future

By DOUGLAS C. BENNETT

The single most important issue facing higher education today is the problem of access: Not enough Americans are completing a college education — often for financial reasons. Thus, the best recommendation in the dog's breakfast of a report from the Spellings commission is a call for "a significant increase in need-based financial aid."

Presumably that increase would come from a combination of federal, state, and private sources, although the commission does not say. But it

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