American Morning

Tune in at 6am Eastern for all the news you need to start your day.
March 28th, 2011
01:22 PM ET

Perry's Principles: Higher education gets hit hard by spending cuts

Since 2008, 43 states have either made cuts to higher education or raised tuition. Will this affect your ability to pay for college?

Steve Perry, CNN Education Contributor and Founder of Capital Prep. Magnet School talks about higher education budget cuts with Christine Romans.

Filed under: Perry's Principles
soundoff (3 Responses)
  1. Alvin Morton

    It is a shame that this country is so focused on immediate relief. The crisis that the housing market saw and it continuing to see will only be repeated with student loans. Currently with the lack of jobs or jobs that are giving people a standard of living that the concept of higher education promised it will be impossible for students currently and in the future to pay such high cost for school. What is the solution? Maybe they should write off the cost of tuition entirely in taxes. Maybe they should not allow Sallie Mae (its personal) to have so much power. Maybe government should be giving more money to students for school and living then to large car companies that are making cars still that run on gasoline despite the fact that the price of gas has probably tripled in the past ten years and with the unrestin the middle east does not look like it will get any lower. (run on but i was passionate)

    Long story short, people call it socialism, but the capatilist society is failing the middle and lower class.

    April 2, 2011 at 10:24 am |
  2. Bruce Rouman

    In the story about Dr. Perry talking about Higher education increasing in costs in many states. In California, we have been seeing 32% increases each year for the past 5 years, In the good years prior to 2007 maybe there was a 12% increase each year.
    It appears that California thinks the students are like tobacco , alcohol and gas ...anything else the state can tax. So instead of the state feeling the pinch , they pass the increases to the students and mostly the parents trying to pay for the kids education. It's not cash out of pocket , it just more loans parents and students take instead of the state absorbing the costs.

    Regards Bruce Rouman

    March 29, 2011 at 2:19 am |
  3. lindaglenn

    What a shame!

    March 28, 2011 at 2:57 pm |