Thursday, May 31, 2012

Misguided higher education policy of the day

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

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