Newspaper article The Topeka Capital-Journal

Hillary's 'Solution' for Climbing College Costs Is What Drove Up Tuition in the First Place

Newspaper article The Topeka Capital-Journal

Hillary's 'Solution' for Climbing College Costs Is What Drove Up Tuition in the First Place

Article excerpt

If elected president, Hillary Clinton has promised to spend $350 billion to make college "more affordable." The United States already has an $18 trillion debt but Clinton wants to add to it. That's not affordable.

Too many young people are graduating from universities unable to find jobs, or are underemployed.

Slate.com references a 2014 study of youth joblessness by the Economic Policy Institute.

It found "... roughly 8.5 percent of college graduates between the ages of 21 and 24 were unemployed. That figure is based on a 12- month average between April 2013 and March 2014, so it's not a perfect snapshot of the here and now. Still, it tells us that the post-collegiate job market, just like the rest of the labor market, certainly isn't nearly back to normal. (For comparison, the unemployment rate for all college grads over the age of 25 is 3.3 percent, which is also still higher than normal.) More worrisomely, the EPI finds that a total of 16.8 percent of new grads are 'underemployed,' meaning they're either jobless and hunting for work; working part time because they can't find a full-time job; or want a job, have looked within the past year, but have now given up on searching."

The problem isn't just at the university level; it's at the jobs level where Obamacare, higher taxes and overregulation have reduced incentives to hire people, or forced many to accept part-time work.

When I entered American University as a freshman in 1960, tuition was $450 a semester.

Today, you probably can't get out of the bookstore for that amount. I received no federal subsidies.

My father paid for the first year and I paid for the rest by working and getting a small student loan from the bank, which I quickly repaid.

While federal help for education has been around since the mid- 19th century, most notably with the GI Bill after World War II, direct grants and other federal help to universities began to increase in the late 1960s, leading to a rise in the cost of tuition. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.