President Mike Young said Obama showed he did not understand how the budgets of public universities work. Young said the total cost to educate college students in his state, which is paid for by both tuition and state government dollars, has gone down because of efficiencies on campus. While universities are tightening costs, the state is cutting their subsidies and authorizing tuition increases to make up for the loss. “They really should know better,” Young said. “This really is political theater of the worst sort.” … “We are putting colleges on notice,” Obama told an arena packed with cheering students. “You can’t assume that you’ll just jack up tuition every single year. If you can’t stop tuition from going up, then the funding you get from taxpayers each year will go down.”

Read full article [here].
by Staff, USA Today.

Posted: January 28th, 2012, by: admin. Categories: . Awaiting Comments.