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Originally Posted by Guest
I did.
The purpose of the academic scholarship is to recruit the best and the brightest. This raises the academic bar for the institution causing demand for future potential students. When demand exceeds supply the tuition goes up. Academic scholarships reward the institution 10 fold. It's a business.
Why do they give athletic scholarships? I let you figure that one out.
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That WAS the purpose. Now it's a way to beg for money when you probably have no business being there.
The tuition goes up when the government makes $trillions available via easy money. Yes, too many "students" with money to spend makes tuition go up.
But it shouldn't a Harvard who gets just 1% of it's income from tuition.
Athletics is where the money and prestige is.
Isn't a football coach the highest paid in "academia"?
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Originally Posted by Guest
Officially the Servicemen’s Readjustment Act of 1944, the G.I. Bill was created to help veterans of World War II. It established hospitals, made low-interest mortgages available and granted stipends covering tuition and expenses for veterans attending college or trade schools. From 1944 to 1949, nearly 9 million veterans received close to $4 billion from the bill’s unemployment compensation program. The education and training provisions existed until 1956, while the Veterans’ Administration offered insured loans until 1962. The Readjustment Benefits Act of 1966 extended these benefits to all veterans of the armed forces, including those who had served during peacetime. G.I. Bill - World War II - HISTORY.com
That's affirmative action too. God Bless America. These men didn't do it on their own. That's the teamwork Obama is talking about.
How much was your tuition and what year did you graduate? What college did you attend and I'll tell you what the tuition is today. Let's compare apples to apples.
The government [that's us] steadily lowered their contribution to colleges. It's a downward cycle that started 35 years ago. What makes it even more difficult for young people is that now 1 out of 3 have a BA or BS. That's what's needed for an entry level position.
My modest salary the first year out of college was enough to pay for the previous 4 years in college if I had to. Who can say that today?
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That was the only way to fight quotas and affirmative action. How to keep from having to carry all that dead wood. Make all the jobs require advanced degrees. Even WITH quotas and affirmative action on;y a VERY small percent of minorities can complete them, and those who do, are the cream of the crop and can usually handle the work.