Friday, August 24, 2012

OBAMACARE RAISING HIGHER EDUCATION COSTS

From Investor's Business Daily.  The issue is that as states struggle to pay increased medicaid costs they will have to cut back on support to higher education.  As a result tuition will go up and students will have to pay more for their educations.

According to the Budget Crisis Task Force, over the past decade, Medicaid costs have climbed an average 7.2%, nearly double the growth rate of tax revenues.

At the same time, states have steadily shifted the burden for college onto students and parents. Today, tuition accounts for about 40% of the costs, up from 23% in 1985.

No comments: