Monday, January 19, 2009
Robbing the Future
An area that is just beginning to see the ill-effects of budget cuts is scholarship funding. A recent Wall Street Journal article examines the inevitable decline –and potential evaporation –of merit-based scholarships in a number of states. The state of Washington does not have a blanket merit-aid scholarship system, but Washington State University offers a scholarship similar to the ones discussed in the article, called the University Achievement Award. I received this award, which takes into account high school GPA and SAT/ACT scores, upon enrolling at WSU for the fall of 2006. Despite tuition rising, the scholarship, which used to be worth up to $5,000, has declined in value.
This trend is the exact opposite of what the country needs, according to an article in the San Jose Mercury News by Ted Mitchell and Jonathan Schorr. Mitchell is the president of the California Board of Education and the two are partners at NewSchools Venture Fund in San Francisco. The article compares our current recession to the Great Depression and urges our new leaders to review how investing in education allowed us to climb back to prominence. "With resources drained by economic crisis and war, one might imagine we don't have the luxury of making education a high priority right now. In fact, now is exactly the time," Mitchell and Schorr argued.
This trend is the exact opposite of what the country needs, according to an article in the San Jose Mercury News by Ted Mitchell and Jonathan Schorr. Mitchell is the president of the California Board of Education and the two are partners at NewSchools Venture Fund in San Francisco. The article compares our current recession to the Great Depression and urges our new leaders to review how investing in education allowed us to climb back to prominence. "With resources drained by economic crisis and war, one might imagine we don't have the luxury of making education a high priority right now. In fact, now is exactly the time," Mitchell and Schorr argued.
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