"Some people say the United States higher education system is the best in the world. But the cost of a college education in the U.S. can be very high -- about 70 percent of students graduate with some debt. In 2014, the total amount of that debt in the U.S. reached about $1.2 trillion," Voice of America reports.
"Norway, Finland, Germany, Mexico and Brazil are very different countries. But they all have one thing in common: citizens can attend public universities for little to no cost.
That is why some American lawmakers are looking to other countries as models for change. During his 2016 presidential campaign, Senator Bernie Sanders said the U.S needed to offer free college. Sanders’ presidential campaign was unsuccessful. But he is not alone in the fight for free education. ...
The idea of free college is spreading in the U.S. Last month, New York Governor Andrew Cuomo announced his own plan. It centers on families making less than $125,000 a year. It would permit their children to attend the state’s public universities for free.
Officials say Cuomo’s plan could cost as much as $163 million per year by 2019.
Richard Vedder is director of the Center for College Affordability and Productivity, a research organization. He feels some New Yorkers may not like an increase in taxes to pay for Cuomo’s plan and could move to different states. He also thinks it is fair to ask students to pay for some of the cost of college."
NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 2/22/2017