Tuesday, August 16, 2005

Schools object to proposal to rank their cost increases

After taking a whole lot of money from the federal government,America universities are upset.The Boston Globe reports on the displeasure:
Colleges are accustomed to being ranked on the basis of everything from the quality of their libraries to the vibrancy of campus party scenes. But a proposal to have the federal government compare schools by how much they increase tuition has administrators and higher-education groups objecting.


Such a ranking, proposed as part of legislation to renew higher-education programs, would require public and private colleges to report their tuition and fees annually to the US Department of Education. The federal agency would then assign each school a ''college affordability index" based on the rate of increase, and make the information public.

If tuition rose at more than double the rate of inflation over a three-year period, schools would have to submit detailed reports justifying the increases, and could face the risk of a
Those tuition increases above CPI year after year would not be possible without Uncle Sam.We are waiting for the universities to adopt the Hillsdale College financial model.