Tuition prices are increasing due to high university operating costs, not a lack of state funding. There must be measures in place that provide incentives for universities to keep these costs as low as possible. The only way to achieve this is to infuse free-market principles into a higher education system that severely lacks fiscal discipline.
Thoughts on House Republicans’ Plan for Higher Education
Republicans on the House Committee on Education and the Workforce released the College Cost Reduction Act, which proposes a wide range of changes to higher education. Much is in the bill, but the most important changes revolve around transparency, financial aid reforms, deregulation, and accountability. Transparency The bill would make several changes to improve transparency,...