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Corporate welfare in ways you may not have considered
Orange Punch, The Orange County Register political commentary blog ^ | 6-7-2012 | Mark Landsbaum

Posted on 06/07/2012 5:24:43 PM PDT by Mark Landsbaum

Our recent column on how lousy the U.S. higher education system works included both these elements, but it’s always good to hear them from elsewhere too.

The American Enterprise Institute’s Andrew G. Biggs points out that the $65 billion Washington spends annually on “student aid” ought more accurately to be referred to as corporate welfare.

First, the money is sophoned off rather than being used to lower student costs. As we reported Sunday.

Second, the money provides incentive for colleges to reduce what they spend out of their own accounts for aid to students...

(Excerpt) Read more at orangepunch.ocregister.com ...


TOPICS: Business/Economy; Education; Government; Politics
KEYWORDS: college; subsidies; taxes; tuition

1 posted on 06/07/2012 5:24:50 PM PDT by Mark Landsbaum
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To: Mark Landsbaum

I consider the extraneous garbage they teach as required college courses to be welfare for educators. I once dated a girl who was going to school to become a kindergarten teacher and she was taking things like political science.


2 posted on 06/07/2012 6:05:25 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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