Archive for January 24, 2012
Claim: Average Taxpayers Are Heavily Supporting Elite Colleges
I don’t understand the claim of this study, which makes it hard for me to believe it. I can sort of see how it’s possible that average taxpayers are providing subsidies to elite public schools. While the state contribution to elite state universities are decreasing, because the elites are so much more expensive, they probably still take a larger part of state taxpayer dollars than other institutions in the state. But elite private schools? How? Through Pell Grants and other federal programs? How can that be more than the non-profits and middles?
An October study by the American Enterprise Institute (AEI) entitled “Cheap for Whom?” showed one way that the university system is rigged in favor of the rich. It said: “Average taxpayers provide more in subsidies to elite public and private schools than to the less competitive schools where their own children are likely being educated…. Among not-for-profit institutions, the amount of taxpayer subsidies hovers between $1,000 and $2,000 per student per year until we turn to the most selective institutions . . . Among these already well-endowed institutions, the taxpayer subsidy jumps substantially to more than $13,000 per student per year.”
via Average Taxpayers Are Heavily Supporting Elite Colleges.
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