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Open the Books: U.S. Department of Education wastes billions each year
#22
(04-11-2019, 08:06 PM)Mike M (the other one) Wrote: If Fed money is being used to help pay for these kids to go to college, then the whole out of state rule should be removed, because fed money comes from every state.

The difference between federal funding for college and state funding is that states provide money to public institutions to subsidize the cost of tuition for students from their state. So eliminating the state funding means all students would pay the out-of-state rates that are listed. Essentially, your taxes help pay for students in your state to attend state schools. Since students from other states don't pay taxes to your state, they don't benefit from that subsidizing factor.

Federal monies apply to all students, in or out of state, in the form of grants and/or loans to help them pay for the cost of attendance to the school they have matriculated to.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR

"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR





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RE: Open the Books: U.S. Department of Education wastes billions each year - Belsnickel - 04-11-2019, 08:11 PM

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