24h-payday


Harvard just announced long-overdue improvements in its aid calculations, admitting that it has an “Upstairs/Downstairs” student population, with half the students coming from families in the top 1% income bracket, and the other half so burdened with debt and work to pay tuition that their “Harvard experience” was serving the other half.

In an interview last month (you can view it here in a week or so), Adolph Reed told me that we could make higher ed free for all Americans at an annual cost of about $35 billion. That’s about what we spend every three months on Iraq.

I suspect the number is a bit higher–perhaps it really would cost about what we spend in four months in Iraq, or as much as Bush’s tax cuts for the top 1% (56 billion). It’s still a good idea. Read more at: www.freehighered.org 



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