Should PUBLIC univs redistribute tuition revenue to fund FA for low income students?

[BCEagle91]

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<p>But that is not the point. The non-college-educated people do
benefit from having more college educated people around, since the
latter have more money to spend, creating more jobs and better pay
for the non-college-educated people, so it is not the case that only
those who go to college benefit from going to college. Of course,
one may or may not agree that this benefit is worth the taxation to
subsidize more people going to college (i.e. at the current level of
30% BA/BS attainment rather than the lower level, perhaps as low as
10%, that would otherwise exist).</p>

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<p>I think that this is a pretty gross oversimplification.</p>

<p>I personally know many people that own small businesses that don’t
have college degrees. I know an executive at a large multinational
that doesn’t have a college degree (he doesn’t have any college). I
work with a few engineers that don’t have college degrees. Should
these people be given a large subsidy too? How do you know which
college students will graduate? The current statistic is that half
of recent college graduates aren’t employed or work in a job that
doesn’t require a college degree. Does society benefit here too?</p>

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<p>It appears to be generally true, although more in a reactive sense
(reduced tax revenues forcing cuts, often disproportionately to
post-secondary education due to other parts of the budget being
higher priority) than due to an intention to privatize the public
universities.</p>

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<p>I think that you’re more likely to get more tax support or alumni or
other support if you’re perceived as doing a good job with the funds
that you have been given and if your graduates do a good job in
finding employment.</p>

<p>And leadership can help too:</p>

<p>“No one seemed to think that Meehan would stick around very long when
he was appointed to head this hard-luck campus, where enrollment was
stagnant and the newest academic building was more than three decades
old. Yet this summer marked his fifth anniversary on the job, and the
surprisingly speedy culmination of major building projects, record
fund-raising, faculty hiring, and a surge in the number and
credentials of students — all against the backdrop of an economic
downturn, cuts in state funding, and the reality that, even in the
Internet age, change at many other universities slogs along at
medieval speed.”</p>

<p>[Inside</a> Marty Meehan’s campaign to remake UMass Lowell - - Boston.com](<a href=“http://www.boston.com/2012/08/17/meehan/SySjpBLTYJKK2TIzadt0qL/story.html]Inside”>http://www.boston.com/2012/08/17/meehan/SySjpBLTYJKK2TIzadt0qL/story.html)</p>

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<p>College graduates earn more than high school graduates, but I have
seen studies finding that a substantial fraction is due to personal
qualities in college graduates (higher average intelligence and
discipline) that colleges did not create.</p>

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<p>I’d guess that ZooserHusband has better compensation than the typical
college graduate.</p>