The Assault on Colleges — and the American Dream

Some of the biggest declines have been in the University of California system, which has long been the most economically diverse place in elite higher education. On the San Diego campus five years ago, 46 percent of freshmen received Pell grants. Last year, the share had dropped to 26 percent. When I first saw that number in The Times database, I figured it was a typo. It wasn’t. The United States is investing less in college education, at the same time that the globalized, digital economy has made that education more important than ever. Gaps between college graduates and everyone else are growing in one realm of society after another, including unemployment, wealth and health. Given these trends, the declines in state funding are stunning. It’s as if our society were deliberately trying to restrict opportunities and worsen income inequality.

Read full article [here].
by David Leonhardt, The New York Times.

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