What's
does it say about our society that we can readily raise $1.171 trillion
for the wars in Iraq and Afghanistan, and hundreds of millions of
dollars for the no-fly zone in Libya, yet when it comes to the future of
our kids, and their education, we can't raise a dime, or so it would
seem.
The higher education system in the United States is spiraling out of
control and will soon meltdown because it is in a deep crisis bought on
by the world banking system crash that caused the last recession.
Universities and colleges are scrambling trying to make ends meet due to
large scale budgetary cuts. According to the Center on Budget and
Policy Priorities, at least 43 states have implemented cuts to public
colleges and universities and/or made large increases in college tuition
fees to make up for insufficient state funding. States made these cuts
because revenues from income taxes, sales taxes and other revenue
sources, used to pay for these services, have declined due to the
recession.
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