PSU news by
Penn State's student blog

Topics

About

First, Lehman Brothers. Now, Penn State?

Recently, it seems bailouts are about as popular as those Ugg boots. Everyone and their mother are trying to get a pair for themselves. The financial sector got their bailout a few months ago. Now, it may or may not be the automakers turn (I’d rather them not get the money. It would be like to throwing it in to a bottomless, greedy, moneygrubbing pit). Higher education appears to want to join the party, fashionably late of course. A recent post by Kelly Field over at the Chronicle of Higher Education “chronicles” the recent plea.

Sandy Baum, a professor of economics at Skidmore College and senior policy analyst at the College Board, spoke for colleges at the House Appropriations Committee hearing, which also featured three governors, a food-bank administrator, and the chief executive of Michigan’s Community Action Agency.

Ms. Baum argued for additional Pell Grant aid and more money for the states, many of which have been forced to scale back their spending on education and infrastructure as tax revenues have dropped.

The focus of Ms. Baum’s proposal focused on increasing access to higher education as a means of relieving unemployment. As such, she stressed that additional money must be provided for financial aid to make schools more affordable.

“Our economy will reap the benefits for a long time,” she said, and if the United States doesn’t expand access to higher education, “we will feel that pain far beyond the time the economy begins to recover.”

This discussion can be framed in the context of attempting to right past wrongs. Public funding for higher education has been shrinking in recent years. This leaves schools to foot the bill with money that could have otherwise been used for grants and scholarships. If Ms. Baum and the Higher Education Lobby (Wouldn’t that be a great name for a band?) succeed, the recent slighting of higher education in Pennsylvania can be reduced.

About the Author

Eli Glazier

Eli is a junior majoring in International Politics. He enjoys paninis and books.

Comments

More by Eli

Senior Writes Final Column

Senior columns, with all their melodrama and platitudes, usually leave me eye-rolling and shaking my head with a vigor usually reserved for study abroad blog posts. But, as I graduate a week from today, I figured I should give it a go myself. Rather than discuss the origins of Onward State like Evan,  I’d just like to briefly thank a few individuals who have defined my Penn State experience.

Speakers Released, Collective “Who?” Uttered

Onward Debates: Private State University

Athletics

Incoming Penn State Track & Field Athlete Kristian Marche Shot To Death In Philadelphia

The incident surrounding Marche’s death is “under investigation,” according to the Philadelphia police department.

Former Women’s Gymnastics Coach Files Lawsuit Against Penn State Over Handling Of Abuse Allegations

Men’s Soccer Trio, Reading United Win PDL Eastern Conference Title, Fall Short Of National Championship

Penn State Hockey’s Evan Barratt, Aarne Talvitie Participate In World Junior Summer Showcase

Ally McHugh Wins 400 Medley National Championship

Student Life

Penn State Parking Office Runs Into Student Permit Purchase Issues

Students were delayed hours on Tuesday afternoon while trying to purchase on-campus parking permits.

Girirajan Lab Seeks To Bridge The Gap Between Fly And Human Genomes

Join Onward State: Fall 2018 Application

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Join Onward State: Fall 2018 Application

Onward State is hiring for the fall semester and we’d love to have you join us.

Incoming Penn State Track & Field Athlete Kristian Marche Shot To Death In Philadelphia

The incident surrounding Marche’s death is “under investigation,” according to the Philadelphia police department.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Madden NFL 19 Ratings For Nittany Lions

For the second consecutive year, Sean Lee is the highest-rated Nittany Lion in the Madden video game.

Send this to a friend