News Release from AASCU

FOR IMMEDIATE RELEASE 2017-06-08

Contact: Jennifer Walpole 202-478-4665

AASCU STATEMENT ON COLLEGE FINANCING REPORT ISSUED BY THE AMERICAN ENTERPRISE INSTITUTE

The American Enterprise Institute issued a report and penned a corresponding op-ed in the Wall Street Journal today calling for further disinvestment and privatization of America’s public colleges and universities. Ultimately what they are proposing is a return to the “high-tuition, high-aid” voucher model of college financing. In practice, this approach has proven to be a disaster for students and families because it establishes a formidable upfront price barrier to college access, coupled with unreliable promises of financial aid. Public college and university leaders are committed to working with governing boards, lawmakers and other stakeholders to create a financing structure that keeps tuition low and maintains quality while strengthening institutional capacity to deliver on their missions of research, innovation and building a skilled workforce. The goal is to move our country forward.

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The American Association of State Colleges and Universities (AASCU) is a Washington, D.C.-based higher education association of more than 400 public colleges, universities, and systems whose members share a learning- and teaching-centered culture, a historic commitment to underserved student populations, and a dedication to research and creativity that advances their regions’ economic progress and cultural development. These are institutions Delivering America’s Promise of Opportunities for All.