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

Penn State Women’s Volleyball Releases 2018 Schedule

Russ Rose’s Nittany Lions won’t play a single home match in September, electing to test themselves against teams like Stanford and Oregon early in the season.

Penn State Hoops Alumnus Joonas Suotamo’s Journey To Becoming Chewbacca Featured On ESPN’s ‘E:60’

Evaluating Tony Carr’s Performance At The 2018 NBA Draft Combine

Penn State Hockey Commit Evan Bell Wins Clark Cup With USHL’s Fargo Force

Center Ludvig Larsson Transfers To Penn State Hockey From Merrimack

Student Life

Penn State Esports Wins Tespa Collegiate Hearthstone Championship

With two Penn State Esport teams in the top eight, the odds of winning the National Championship were ever in our favor.

Road And Utility Work Impacting Penn State This Summer

Where Do Penn Staters Move After Graduation?

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.

Predicting Penn State’s 2018 Kickoff Times

As the Nittany Lions have ascended back into college football’s elite, they’ve taken the field at night more often in the past few years and avoided the dreaded early kickoff.

We Are Royalty: Meghan Markle Is A Penn State Fan

Penn State fans are everywhere, even in the British royal family.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Penn State Esports Wins Tespa Collegiate Hearthstone Championship

With two Penn State Esport teams in the top eight, the odds of winning the National Championship were ever in our favor.

Send this to a friend