Arkansas waives tuition for students over 60 at its state universities.
Asks noted economist and higher education researcher Sarah Turner of the University of Virginia:
"In a public higher education system facing substantial crowding, why would a state increase the subsidy to the population with the fewest years to recoup an investment in higher ed?"
In a time of budget austerity, nothing signals a state government that is serious about its budget like a new subsidy of the consumption activities of old people ...
Hat tip: Sarah Turner
It's really quite easy.
1 year ago