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Apr 06

“A Record of Total Failure”: Government Funding of Universities Has Produced a LOWER Percentage of Poor People in College

poverty

Why are taxpayers forced to OWN universities? Upon what logic do governments claim that owning colleges and universities is necessary? Especially when there are thousands of private-sector colleges and universities?

The only plausible answer is that government-owned or supported colleges meet the needs of the poor in ways that private-sector colleges do not.

But Professor Richard Vedder, writing in the National Review April 2, 2015, writes that government funding of colleges and universities has failed to provide ANY SIGNIFICANT improvement in college access for the poor.

Here, the record is one of total failure: A smaller percentage of recent college graduates come from the bottom quartile of the income distribution today than was the case in 1970, when federal student-assistance programs were in their infancy.