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Price of Obama's 'College Affordability'

Andrew1554 Wrote: Sep 16, 2012 10:19 AM
Why should colleges like Harvard with 20 billion in the bank get tax exempt status? They should be giving out a much higher percentage of scholarships or lose their tax exempt status, they need to pay their "fair share."
"No family should have to set aside a college acceptance letter because they don't have the money," President Barack Obama told the Democratic National Convention as he accepted his party's nomination in Charlotte, N.C., this month.

That sentence -- key in Obama's "college affordability" agenda -- says everything about this administration's approach to selling itself to the American voter.

What's wrong with the message? Let me count the ways.

--It ignores reality. There is no reason a qualified poor kid cannot get into college in the United States simply because of money.

Richard J. Vedder, director of Ohio University's Center for College Affordability and Productivity,...