Maggie Hunter: This article was very helpful in understanding the stimulus plan because it took a single component, funding for higher education, and broke it down into various elements. This made it easier to apply a similar methodology and logic towards the entire stimulus plan. It was interesting, yet not that surprising, to see the differences between the House and Senate in their proposals regarding where and how much money should be spent. I have to wonder, though, if higher education institutes may also raise their tuition rates in response, which could make the new stimulus funding pointless. Besides giving all this funding to enhance higher education, more action should be taken to ensure that higher education institutes start operating more as just that, "higher education institutes", than as businesses out for a profit. If that is done, then the government's funding for higher education in the stimulus plan will be justified and quite beneficial for the country. (Margaret Hunter)
I am fairly certain that the idea behind this is to decrease the financial stress put upon those who wish to receive an education in this country (did you know that in Germany they pay you to go to college, so most people stay until they are well into their 40's?) It is ridiculous how much we are charged to learn. I am quite lucky to be escaping Temple with very few loans...at least in comparison to my boyfriend who will have $500,000 due of loans when he finishes med school. It seems fraudulent and unfair and I truly believe Obama is trying to relieve this problem by using this part of the stimulus package towards higher education. Hopefully it will work out that way.
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ReplyDeleteMaggie Hunter:
ReplyDeleteThis article was very helpful in understanding the stimulus plan because it took a single component, funding for higher education, and broke it down into various elements. This made it easier to apply a similar methodology and logic towards the entire stimulus plan. It was interesting, yet not that surprising, to see the differences between the House and Senate in their proposals regarding where and how much money should be spent. I have to wonder, though, if higher education institutes may also raise their tuition rates in response, which could make the new stimulus funding pointless. Besides giving all this funding to enhance higher education, more action should be taken to ensure that higher education institutes start operating more as just that, "higher education institutes", than as businesses out for a profit. If that is done, then the government's funding for higher education in the stimulus plan will be justified and quite beneficial for the country.
(Margaret Hunter)
I am fairly certain that the idea behind this is to decrease the financial stress put upon those who wish to receive an education in this country (did you know that in Germany they pay you to go to college, so most people stay until they are well into their 40's?) It is ridiculous how much we are charged to learn. I am quite lucky to be escaping Temple with very few loans...at least in comparison to my boyfriend who will have $500,000 due of loans when he finishes med school. It seems fraudulent and unfair and I truly believe Obama is trying to relieve this problem by using this part of the stimulus package towards higher education. Hopefully it will work out that way.
ReplyDelete