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OPINION: Too Many Tax Dollars Go to Richest Colleges

Ron Trowbridge writes for SeeThruEdu about a recent American Enterprise Institute study comparing the amount of federal tax dollars per student that rich and prestigious universities receive, versus the the amount received by less prestigious institutions:

In the American Enterprise Institute’s study, “Cheap for Whom?,” authors Jorge Klor de Alva and Mark Schneider note:  “Among non-for profit institutions, the amount of taxpayer subsidies hovers between $1,000 and $2,000 per student until we turn to the most selective institutions in the country.  Among these already well endowed institutions the taxpayer subsidy jumps substantially to more than $13,000 per student per year.”

They conclude, “If the country is to retain its competitive edge, it must reverse the current policies that result in providing the lowest levels of taxpayer support to the institutions that enroll the highest percentage of low-income, nontraditional, and minority students—the fastest growing segments of the population.”

Read the full story here.

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