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Friday, February 3, 2012

"That Which Cannot Go on Forever Must Come to an End"

So said Herbert Stein, who was President Nixon's chief economist for a time.  He wasn't speaking about rising tuition back then.  However, President Obama's remarks on rising university tuition at the State of the Union address - which were roughly along those lines - continue to generate controversy.


Inside Higher Ed today has a long piece on responses in the U.S. Senate.  The article concludes with:  Perhaps sensing a popular cause to champion with an election looming, senators in both parties seemed eager to continue discussions on how to hold down college prices.  Committee Chairman Tom Harkin, Democrat of Iowa, promised more discussion on the subject.  “This," he said, " is the first of many hearings."


Full article at: http://www.insidehighered.com/news/2012/02/03/senate-help-committee-hears-college-affordability-testimony

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