Quote (TomS @ Sep. 16 2006,21:25) |
I agree, my anecdotal evidence is only anecdotal, but it does point to something. And I also totally agree, Clinton was NOT the education president. He did a lousy job on that front, no doubt about it. But the DE figures are not very helpful - you need the data from the mid 70s, and then you need to correlate it with the cost of education. Plus it helps to figure in what states and local governments did. The total pciture: we suck at funding education, and in terms of economics - something that we both agree on, ksdb - it is very, very productive. It’s a sine qua non for our future well being. And look at how cheap it is! My goodness, how many petnagon toliet seats is that?
Also, I have to add, we need to consider the way the money is being targeted by Bush. Remember Pell grants? the shift has been to loans at interest rates that make privte lenders attractive. Why? |
I’m not sure where you’re getting your information, but appropriations for Pell Grants have increased steadily under Bush. The number of recipients has increased annually as well, in addition to the average amount awarded.
School year, PG appropriations, # of Recipieints, Avg. Grant
2000-2001 $7.6 B, 3.9 M, $2040
2001-2002 $8.7 B, 4.3 M. $2,298
2002-2003 $11.31 B, 4.7 M, $2,436
2003-2004 $11.36 B, 5.1 M, $2,473
2004-2005 $12 B, 5.3 M, $2,477
Tuition costs are likely outpacing the growth of pell grants, which would be one reason why loans are a priority; but there are also growing numbers of scholarships available at universities too. Philanthropic support of education helps make up where state governments have come up short in funding their local institutions, and it is at very high levels during this administation, due in large part to the tax breaks that are available.
Quote (TomS @ Sep. 16 2006,21:25) |
And finally, we need to look at tax cuts that are targeted to help people pay for education - there Clinton did do a little bit - the idea behind it being that we would get a tax cut that covered 2 -year college tuition. But I would never call Clinton the education president. S’pose we agree on that?
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My own anecdotal evidence shows that my wife and I have been getting a nice tax write-off for the interest paid on her student loans. That write-off was supposed to have expired, but was extended under President Bush. I have a feeling this isn’t the only tax break for education under his administration.