Thursday, February 10, 2011

Financial Aid Assistance?


How much money have we all spent on classes and textbooks a year? Who all takes out loans and receives financial aid from the school? In the article, Dan Patrick: "Middle Class Should Not Pay For College For the Poor", written February 8, has an interesting debate about whether or not Universities should be allowed to take 20% of student’s tuition to put toward financial aid for the student population.  Mr. Dan Patrick is the main person that is speaking out for his bill to be passed, and has made a few very intriguing points.  “Patrick describes this process as an “onerous, backdoor tax” on college tuition fees.  A student, whose family is paying tuition, Patrick argues, shouldn’t have to contribute to educate another family’s child. He would eliminate financial aid derived from tuition payments, resulting–he says–in reduced tuition costs for everyone.” Which yes, is a valid point, but at the same time, the state had reasons to allow the University to set aside 20% of student tuition for financial aid as to the state’s 2003 budget cut according to the article.  Also, is it wrong to distribute funds to the less fortunate? Don’t we want to be able to help the children that want to go somewhere in life, but don’t have the financial options? These are questions that should be asked.  These are the main reasons as to why the Universities do what they do, and why the Texas Higher Education Commissioner agrees with them.

I highly recommend reading this because it brings to light issues that were unknown to me, and I am sure some of you out there had no idea this was occurring either.  So what is your stance, should the middle class pay for the poor’s education as well as their own?

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