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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:00:19 |
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THE FIRST PANEL EXPLORING THE REASONS BEHIND RISING TUITION COSTS, FOLLOWED BY A PANEL ON POLICY SOLUTIONS.... |
| 00:01:08 |
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FIRST OF ALL, IF I COULD HAVE YOU -- DO WE WANT PEOPLE CLUSTERED IN FRONT? YES? C-SPAN? SO FOR THOSE... |
| 00:04:06 |
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GOOD AFTERNOON, EVERYONE. I'M RUTH WOODEN, PRESIDENT OF THE PUBLIC AGENDA, ONE OF THE CO-SPONSORS... |
| 00:08:07 |
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THANK YOU, RUTH. THANKS TO THOSE OF WHO YOU ARE HERE TODAY AND TO OUR C-SPAN AUDIENCE FOR JOINING.... |
| 00:09:29 |
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SINCE AUGUST 1. |
| 00:09:30 |
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SINCE AUGUST 1678 AND BEFORE THAT? |
| 00:09:32 |
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I WAS AT JOHNS HOPKINS UNIVERSITY ASS A PROVOST. |
| 00:09:34 |
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WELCOME TO THIS CONVERSATION. I'M GLAD COULD YOU BE HERE. JARED BERNSTEIN, AN ECONOMIST. YOU ARE DIRECTOR... |
| 00:09:42 |
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THE LIVING STANDARDS PROGRAM AT THE ECONOMIC POLICY INSTITUTE. |
| 00:09:47 |
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JOHN IS A SENIOR RESEARCHER WITH THE PUBLIC AGENDA AND FROM VILLANOVA UNIVERSITY. AND YOU HELPED TO... |
| 00:09:57 |
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I DID. |
| 00:09:59 |
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YOU'RE A STUDENT. |
| 00:10:01 |
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WHAT YEAR? |
| 00:10:02 |
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A SOPHOMORE. |
| 00:10:05 |
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WHERE ARE YOU FROM? |
| 00:10:06 |
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FROM PAKISTAN. |
| 00:10:07 |
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SO YOU COME TO THE UNITED STATES FOR AN EDUCATION? |
| 00:10:10 |
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I WAS THERE FOR A WHILE. NOW I'M HERE. I'VE BEEN HERE MOST OF MY LIFE. |
| 00:10:14 |
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WELL, GOOD. THANKS. ALSO PATRICK, FOUNDING PRESIDENT, NATIONAL CENTER FOR PUBLIC POLICY AND HIGHER... |
| 00:10:22 |
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IT'S AN INDEPENDENT, NONPARTISAN, NONPROFIT ORGANIZATION WHICH ADDRESSES HIGHER EDUCATION POLICY ISSUES... |
| 00:10:37 |
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SO YOU KNOW THIS WELL. WE'LL BE TALKING TO YOU A LOT. STEVEN SCOTT FROM GEORGE MASON UNIVERSITY. |
| 00:10:43 |
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FAIRFAX. SECOND YEAR PH.D. I'M FROM LOUISIANA. |
| 00:10:48 |
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HISTORY. EARLY AMERICAN AND THE ATLANTIC WORLD. |
| 00:10:52 |
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TO DO WHAT? |
| 00:10:53 |
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PROFESS HOPEFULLY. |
| 00:10:55 |
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WE'LL BE WATCHING CLOSELY. AND FINALLY, AARON BELL, ALSO PH.D. |
| 00:11:01 |
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YES AT AMERICAN UNIVERSITY. |
| 00:11:02 |
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IN? |
| 00:11:03 |
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IN HISTORY. |
| 00:11:04 |
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RICH WITH HISTORIANS HERE. WE'LL BE LOOKING TO YOU FOR ALL KINDS OF CONTEXT IN THE CONVERSATION. ... |
| 00:11:54 |
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WE'VE SEEN HARVARD AND YALE DO THINGS ON THIS LINE. THIS IS SWEEPING. |
| 00:11:57 |
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MY RESPONSE IS MIXED IN A WAY. I WANT TO APPLAUD AND NOT DISPARAGE IN ANY WAY WHAT STANFORD, HARVARD... |
| 00:12:47 |
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THEY SAY IT WILL AFFECT 30% TO 35% OF THEIR STUDENTS SO IT DOESN'T REFLECT REALITY? |
| 00:12:52 |
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YOU KNOW, FOCUS GROUPS ALL OVER THE COUNTRY TALKED TO HUNDREDS OF PEOPLE ABOUT HIGHER EDUCATION, SENDING... |
| 00:13:25 |
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ABOUT $800. |
| 00:13:26 |
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ROUNDING IT OUT. |
| 00:13:28 |
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SO I THINK I COULD EVEN SEE SOME RESENTMENT ON THE PART OF PEOPLE READING YOU MEAN A PERSON WITH $60,000... |
| 00:13:43 |
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ABOUT 2/3 OF STUDENTS ENROLLED IN FOUR-YEAR INSTITUTIONS ARE GOING TO PUBLIC INSTITUTIONS. AND THAT... |
| 00:14:27 |
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WHEN I WAS SPEAKING TO THE DEAN OF ADMISSIONS AND FINANCIAL AID A WHILE AGO AT STANFORD, ONE OF THE... |
| 00:14:49 |
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NO. I DON'T THINK IT DOES THAT AT ALL. FOR MOST AMERICANS WHO WANT TO GO TO COLLEGE OR WANT THEIR... |
| 00:15:03 |
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WHAT DO OUR STUDENTS THINK OF THAT? YOU HEAR BAY SCHOOL LIKE STANFORD. YOU'RE AT GEORGE MASON UNIVERSITY.... |
| 00:15:10 |
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FOR ME, IT KIND OF -- WHO CAN GET INTO STANFORD AND HARVARD AND YALE? I EVEN COULDN'T. I HAVE MADE... |
| 00:15:31 |
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SO YOU'RE NOT IMPRESSED BY THAT. |
| 00:15:34 |
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AGAIN, I WOULD POSSIBLY ECHO THE SETMENT THAT IT'S NICE BUT IT'S ONLY BECAUSE THEY'RE REALLY RICH... |
| 00:15:47 |
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I THINK THAT I TAKE AN OPTIMISTIC APPROACH TOWARDS THIS, I THINK. PERHAPS I HAVEN'T BEEN IN GRAD ... |
| 00:16:32 |
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CAN I SAY SOMETHING ABOUT THAT? |
| 00:16:34 |
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CERTAINLY HAS TRICKLED DOWN. AGAIN, STANFORD IS OBSERVING THAT 30% TO 35% OF THEIR STUDENTS WILL BENEFIT... |
| 00:16:46 |
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A QUICK COMMENT. I THINK THE QUESTION HERE TO EVALUATE THIS IS, ARE THERE STUDENTS WHO WILL GET TO... |
| 00:17:00 |
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STEVEN KNAPP, PRESIDENT OF GEORGE WASHINGTON UNIVERSITY, FIRST YOUR RESPONSE TO WHAT YOU SEE YOUR... |
| 00:17:09 |
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FIRST OF ALL, I THINK THIS IS AN IMPORTANT NATIONAL ISSUE. I'M GLAD THE PUBLIC AGENDA IS LOOKING AT... |
| 00:18:30 |
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SO YOU DID, THOUGH, ANNOUNCE NOT QUITE TWO WEEKS AGO AN INITIATIVE ON G.W.'S PART TO ADDRESS SOME... |
| 00:18:39 |
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IN FACT, THE FIRST DAY I ARRIVED IN OFFICE, AUGUST 1 I MET WITH MY ENTIRE SEER SENIOR STAFF AND SAID... |
| 00:18:50 |
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WE HAVE TO ADDRESS ISSUE OF AFFORD YABLGHTD. DOES THAT SUGGEST THAT YOU BELIEVE THAT COLLEGE IS NOT... |
| 00:18:58 |
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THE REALITY IS WE HAVEN'T SEEN -- WHEN WE LOOK AT THE NUMBERS OF OUR APPLICANTS, WE HAVE NOT SEEN... |
| 00:20:08 |
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ON AVERAGE? |
| 00:20:09 |
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RIGHT NOW OR AGAIN FOR STUDENTS -- NOT ALL OF OUR STUDENTS, OF COURSE, GRADUATE WITH DEBT. BUT FOR... |
| 00:21:09 |
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SINCE YOU'RE SO TUITION DEPENDENT AT GEORGE WASHINGTON UNIVERSITY WHERE DOES THE MONEY COME? YOU DON'T... |
| 00:21:16 |
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PART OF OUR PLAN IS TO INCREASE THE RATE AT WHICH WE'RE RAISING FUNDS FOR STUDENT AID FOUR-FOLD OVER... |
| 00:21:24 |
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SO YOU HAVE TO RAISE THE MONEY. |
| 00:21:27 |
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REALITY IS FOR THE TUITION DEPENDENT INSTITUTION, TWO SOURCES OF REVENUE ARE, ON THE ONE HAND, TUITION... |
| 00:21:33 |
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I'M SURE YOU KNOW THE NUMBER OF TIMES PEOPLE COME UP TO ME AND SAY YOU'RE A PROFLSOR AT G.W., THE... |
| 00:21:44 |
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AGAIN, PART OF THAT IS BECAUSE THE STORY IS A LITTLE COMPLICATED BECAUSE WE HAVE THIS FIXED TUITION... |
| 00:22:30 |
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LET ME PUT UP SOME SLIDES JUST TO ESTABLISH A LITTLE BIT OF GROUNDWORK FROM WHICH WE'RE OPERATING... |
| 00:23:41 |
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I THINK THAT WAS ONE OF MY PROBLEMS WITH LEADING WITH STANFORD. THERE ARE A SORT OF SET OF VERY WEALTHY... |
| 00:25:00 |
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I'VE GOT A GREAT ANECDOTE THAT YOU BROUGHT TO MIND. I WAS AT A CONFERENCE RECENTLY. AN ECONOMIC PROFESSOR... |
| 00:26:13 |
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ARE YOU CARRYING STUDENT |
| 00:26:14 |
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NO. I'M ON A SCHOLARSHIP RIGHT NOW. |
| 00:26:17 |
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YOU'RE ON A FULL SCHOLARSHIP. DO YOU HAVE ANY LOANS? |
| 00:26:20 |
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I DON'T YET BUT I PROBABLY WILL. |
| 00:26:22 |
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WHAT'S YOUR SITUATION? |
| 00:26:25 |
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I LUCKILY CAME INTO A PH.D. WITHOUT HAVING LOANS. BUT FROM TWO YEARS OF PH.D. I'M UP AT ABOUT $25,000... |
| 00:26:32 |
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WHAT DO YOU SUPPOSE YOU'LL BE AT WHEN YOU FINISH? |
| 00:26:35 |
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I ESTIMATE AT LEAST $40,000 TO $50,000. DEPENDING ON DISIERTATION. |
| 00:26:41 |
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WILL THAT EFFECT YOUR CAREER CHOICES? |
| 00:26:42 |
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YEAH. ESPECIALLY FOR EARLY AMERICAN HISTORY PROFESSOR. THE JOBS, YOU KNOW, I SORT OF HAVE TO GO WHERE... |
| 00:26:58 |
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MAYBE YOU CAN TEACH THE HISTORY INVESTMENT BANKING. |
| 00:27:00 |
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THAT WOULD BE NICE. I'M NOT GOING MAKE A WHOLE LOT OF MONEY GETTING OUT OF MY PROGRAM, A SO THAT MAY... |
| 00:27:21 |
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WHAT DO YOU THINK IS THE APPROPRIATE LEVEL OF DEBT THAT A STUDENT SHOULD HAVE? OR DO YOU THINK THAT... |
| 00:27:37 |
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ONE OF THE THINGS THAT HAPPENED AS A RESULT OF THE REDUCTION OF FEDERAL SUPPORT FOR STUDENT AID WAS... |
| 00:30:22 |
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YOU THINK HIGHER EDUCATION IS AS EFFICIENT AS IT CAN BE? |
| 00:30:25 |
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LET ME BACK UP A LITTLE BIT TO HOW THE PUBLIC PERCEIVES THIS. WE CALL THE REPORTS SQUEEZE PLAY BECAUSE... |
| 00:30:41 |
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ESSENTIAL? |
| 00:30:42 |
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SEBL. WE HEARD A LOT ABOUT BILL GATES. YOU CAN BE THE RICHEST PERSON IN THE UNIVERSE WITHOUT HAVING... |
| 00:30:49 |
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THERE ARE LOTS OF BILL GATES OUT THERE. |
| 00:30:51 |
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IN THE LAST SIX OR SEVEN YEARS, WE'VE SEEN A DRA MAT YAIK INCREASE IN THAT NUMBER. NOW MORE THAN HALF... |
| 00:31:33 |
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LET ME GO BACK TO THE SLIDES ON THAT POINT AND FROM THE REPORT FOR A MINUTE. I WANT TO SHOW YOU. ... |
| 00:32:37 |
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UP TO 123% IN 2000. |
| 00:32:38 |
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WITHOUT FINANCIAL AID. |
| 00:32:39 |
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WOULD YOU -- TRANSLATE THIS FOR US IN TERMS OF WHAT THIS -- DOES THIS INCLUDE FINANCIAL AID OR NOT?... |
| 00:32:46 |
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YES IT DOES INCLUDE IT. IT'S NET COSTS ARE GOING TO GO INTO COLLEGE. AND I THINK YOUR DATA ALSO SHOW... |
| 00:33:05 |
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ON THIS ONE HERE, IF WE GO BACK TO THIS SLIDE THAT I'VE GOT UP FOR A MOMENT, THE FOUR-YEAR PRIVATE... |
| 00:33:29 |
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YEAH. AND THAT'S BEEN ACCENTUATED SINCE 2001 BY THE INCOME STAGNATION IN THIS DECADE AS COLLEGE COSTS... |
| 00:33:47 |
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IS THERE A IS THIS A CONVERSATION YOU HAVE WITH PEERS AND OTHER STUDENTS? AWARE OF THESE COSTS? AWARE... |
| 00:33:54 |
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ABSOLUTELY. I KNOW, FOR EXAMPLE, WHEN I WAS APPLYING TO GRADUATE SCHOOL, THE COST OF SCHOOL, 100%... |
| 00:34:02 |
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100%? |
| 00:34:03 |
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MAYBE 95%. I CERTAINLY WANTED TO GO -- |
| 00:34:07 |
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A SORT EVER GRADUATE STUDENT PRECISION THERE. |
| 00:34:10 |
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MINE WAS PROBABLY 99%. |
| 00:34:12 |
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I WANTED TO COME TO D.C. TO STUDY HISTORY. WHERE ELSE WOULD YOU GO? IT SEEMED LIKE THE BEST PLACE.... |
| 00:34:22 |
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IT DIDN'T STOP YOU FROM APPLYING. |
| 00:34:24 |
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CERTAINLY NOT. BUT I ALSO HAD -- I TOOK TIME OFF TO TEACH. AND I KNEW I HAD A TEACHING JOB. AND HAD... |
| 00:34:44 |
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I JUST WANTED TO ADD ONE THING TO THIS ISSUE OF HOW MUCH COST IS INFLUENCING THE DECISION STUDENTS... |
| 00:35:45 |
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FUNDAMENTALLY HAS CHANGED. |
| 00:35:47 |
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IDEAL I THINK IN THE YEARS AFTER WORLD WAR II WHEN WE WERE BUILDING THIS SYSTEM WAS TO HAVE A DIVERSIFIED... |
| 00:36:00 |
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THERE IS A RANGE. |
| 00:36:01 |
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BUT WHICH OF THOSE YOU CHOOSE HAS LESS TO DO WITH YOUR EDUCATION AND PROBABLY YOUR TALENT AND MORE... |
| 00:36:10 |
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I THINK ONE OF THE CHALLENGES THAT WE FACE IS GETTING THE WORD OUT ABOUT THE AVAILABILITY OF STUDENT... |
| 00:36:52 |
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THEY'RE BORROWING. THAT'S WHAT THEY'RE DOING. |
| 00:36:54 |
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OR THEY'RE GETTING. |
| 00:36:56 |
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I'M NOT TALKING ABOUT G.W. NOW. I THINK THE PICTURE -- I HAVE NO IDEA WHAT HAPPENS AT G.W., BUT ANOTHER... |
| 00:38:02 |
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I'M SORRY. YOU HAD SOMETHING? |
| 00:38:05 |
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I JUST WANTED TO SAY, LIKE YOU SAID, BACK TO WHAT YOU SAID ABOUT THE FIRST GENERATION STUDENTS, THEY'RE... |
| 00:38:49 |
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LET ME PUT YOU ON THE SPOT FOR A MINUTE HERE. YOU'RE RUNNING A BUSINESS AND WANT TO SELL MORE TO MORE... |
| 00:39:17 |
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WELL, YEAH. AGAIN, I THINK RAISING MORE MONEY IS IS A WAY OF REDUCING COSTS. ONE OF OUR MOST IMPORTANT... |
| 00:40:08 |
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20,000 APPLICATIONS? |
| 00:40:09 |
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20,000 APPLICATIONS. WE COULD FILL UP OUR ENTIRE INSTITUTION WITH STUDENTS WHO COULD AFFORD TO PAY... |
| 00:40:39 |
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I WANT TO TURN THE CONVERSATION FOR A FEW MINUTES TO WHY IT COSTS SO MUCH AND GO BACK TO THE SLIDE... |
| 00:41:20 |
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IT HAS A LOT TO DO WITH THE PRODUCTIVITY PROBLEM THAT PRESIDENT KNAPP WAS TALKING ABOUT. BASICALLY... |
| 00:43:59 |
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DO YOU WANT TO JUMP IN? |
| 00:44:01 |
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I HAVE JUST INTERVIEWED 30 COLLEGE PRESIDENTS ON THIS SUBJECT. THEY TOLD ME TWO THINGS. FIRST OF... |
| 00:44:38 |
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DO YOU AGREE WITH THAT? DO YOU BUY THAT? |
| 00:44:42 |
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IT LOOKS LIKE HE'S GOT AHIS VIEW ON THAT. |
| 00:44:44 |
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I DON'T WANT TO LET THIS -- THE ONLY PROFESSOR ON THE |
| 00:44:47 |
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YOU'RE THE GUY WHO INTERVIEWED THE 30 COLLEGE PRESIDENTS. |
| 00:44:52 |
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THEY ARE VERY PERSUASIVE AND, OF COURSE, KNOW THEIR BUSINESS. BUT AT THE SAME TIME THEY WILL ALSO... |
| 00:45:22 |
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THE THING IS, FOR ME AS A FUTURE HOPE-TO-BE PROFESSOR, IT DOESN'T SEEM THAT THE MONEY IS GOING TO... |
| 00:45:44 |
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YOU GOT ONE HERE. |
| 00:45:45 |
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GETTING INTO THE PUBLIC RECEPTION THING, TOO. NICK SABIEN GETS $5 MILLION A YEAR AT ALABAMA. AND YOU... |
| 00:46:02 |
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THERE IS A SERIOUS PUBLIC PERCEPTION PROBLEM. LET'S SPEND A MINUTE WITH A UNIVERSITY PRESIDENT. |
| 00:46:08 |
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I MENTIONED WHAT I THINK. I THINK WE AGREE ON ONE FACTOR WHICH IS THAT YOU DON'T GET PRODUCTIVITY... |
| 00:46:54 |
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LIKE WHAT? |
| 00:46:56 |
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LIKE DEMANDS THAT WE INCREASE OUR COMPUTERIZED TRACKING OF ALL ASPECTS OF OUR STUDENT' LIVES, REQUIREMENTS... |
| 00:48:10 |
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WHAT ABOUT -- IS IT NOT WHERE THE MONEY IS? |
| 00:48:12 |
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I'M NOT -- I CAN'T SPEAK FOR ALL INSTITUTIONS. I CAN TELL YOU I THINK IF THE RATE WAS 1 POINT-SOMETHING... |
| 00:48:36 |
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JONT ASKED YOU THESE QUESTION AND ASKED YOU THE TRENDS ARE. YOU WOULD HAVE SAID WHAT? |
| 00:48:44 |
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I THINK WE HAVE TO LOOK FOR WAYS OF DOING THIS. I THINK YOU'RE GOING HEAR LATER ON FROM THE CHANCELLOR... |
| 00:49:50 |
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I HAVE NOTHING BUT RESPECT AND ADMIRATION FOR THE LEADERS LIKE STEVE AND THOSE YOU'LL HEAR FROM IN... |
| 00:52:18 |
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YOU THINK THIS IS GOING GET WORSE OVER TIME? |
| 00:52:22 |
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I THINK -- I THINK NO MATTER MATTER -- IN SOME WAYS, YOU KNOW, FINGER POINTING DOESN'T HELP. WE HAVE... |
| 00:52:59 |
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I THINK IT'S IMPORTANT TO START -- WHAT I STARTED TO STRESS WAS I THINK IT'S IMPORTANT TO START WORKING.... |
| 00:53:14 |
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LESS FIRINGS, SMALLER RAISES? IT MEANS WE'RE GOING TO HAVE TO DO SOME OF THE SCRAMBLING THAT WAS DESCRIBED... |
| 00:54:10 |
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YET THE HIGHER YOU ARE, THE EASIER. |
| 00:54:13 |
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BECAUSE THE MEASURES -- IT'S EXPENDITURES PER FACULTY IS ONE OF THE THINGS THAT DRIVES IT. SO IN OTHER... |
| 00:54:22 |
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THE RICH GET RICHER BASICALLY. |
| 00:54:24 |
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IT'S WHAT -- WHEN YOU TRY TO COMPETE WITH OTHER INSTITUTIONS, IF YOU WANT TO RISE IN RANKINGS, WHAT... |
| 00:54:43 |
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JOHN? |
| 00:54:44 |
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IN ADDITION TO INTERVIEWING SOME COLLEGE PRESIDENTS, WE'VE ALSO INTERVIEWED BUSINESS LEADERS. INTERESTINGLY... |
| 00:55:27 |
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IS FINDING WAYS OF OPERATING MORE EFFICIENTLY THAT ALSO DON'T DEGRADE THE QUALITY. AGAIN, THE SIMPLEST... |
| 00:56:28 |
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WE HAVE SOME GOOD SCAM PEFLZ TECHNOLOGY THAT HAS BOTH IMPROVED QUALITY IF YOU MEASURE IN T IN TERMS... |
| 00:56:54 |
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I AGREE WITH THAT. |
| 00:56:55 |
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THE PROBLEM IS, THOUGH, I THINK -- BECAUSE I THINK THE POINT STEVE RAISES IS THE RIGHT ONE. IT GETS... |
| 00:57:30 |
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HOW SHOULD WE THINK ABOUT IT? |
| 00:57:32 |
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IN TERMS OF STUDENT LEARNING. WHAT STUDENTS -- THE BENEFITS AS BEST WE CAN ASSESS THEM. AND WE HAVE... |
| 00:58:15 |
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I AGREE THERE'S A LOT MORE WE CAN DO IMPROVE THE QUALITY USING TECHNOLOGY. I ALSO AGREE WITH A LOT... |
| 00:59:02 |
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THERE IS A LITTLE BIT OF ROOM IN SOME PLACES, WE HAVE TO RETHINK HOW WE DO THIS BUSINESS AND THE WAYS... |
| 00:59:15 |
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LET'S BRING OUR STUDENTS IN HERE. WHAT DID YOU LOOK FOR WHEN YOU SELECTED YOUR SCHOOLS? WHAT DID... |
| 00:59:24 |
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I WOULD LIKE TO ADDRESS ONE POINT BEFORE WE MOVE INTO THAT, THIS IDEA OF SCHOOL AS A BUSINESS IS INHERENTLY... |
| 01:00:19 |
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WHAT YOU THINK? WHAT DO YOU LOOK FOR WHEN YOU ARE OUT THERE? |
| 01:00:23 |
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I LOOK FOR QUALITY. BASICALLY QUALITY IS THE RANKING. |
| 01:00:29 |
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YOU LOOK AT THE RANKING? |
| 01:00:31 |
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WHAT DRIVES THE RANKING? RIGHT NOW I AM GOING TO A TWO- YEAR INSTITUTE, I WILL TRANSFER AT THE END... |
| 01:00:56 |
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WHEN YOU ARE LOOKING FOR WHERE YOU WILL TRANSFER AND TO DEFINE QUALITY, WHAT ARE YOU LOOKING FOR?... |
| 01:01:03 |
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FACILITIES, RESOURCES, JOB PLACEMENT, INTERNSHIPS, THE ENVIRONMENT AND THE LOCATION. |
| 01:01:13 |
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DO YOU CARE ABOUT THE STUDENT/FACULTY RATIO? |
| 01:01:16 |
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DEFINITELY. |
| 01:01:19 |
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THE U.S. NEWS AND WORLD |
| 01:01:20 |
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I DO. |
| 01:01:22 |
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DOES IT MATTER TO YOU WHAT THEY SAY? |
| 01:01:27 |
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-- U.S. NEWS AND WORLD REPORT RANKING? |
| 01:01:28 |
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I DO. |
| 01:01:30 |
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DOES IT MATTER TO YOU WHAT THEY SAY? |
| 01:01:31 |
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IT DOES. |
| 01:01:34 |
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IT DOES NOT MATTER TO ME, I WOULD RATHER BE IN A CLASS THAT IS MUCH SMALLER. |
| 01:01:40 |
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IF YOU COULD GO TO AN INSTITUTION THAT WAS SUBSTANTIALLY LESS BUT THE CLASSES WERE TWICE AS LARGE,... |
| 01:01:50 |
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IT IS DIFFICULT, FOR GRADUATE SCHOOL IS A DIFFERENT SITUATION. I THINK YOU CAN ASSUME WITH GRADUATE... |
| 01:02:51 |
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SPEAKING FROM WHEN I PICKED AN UNDERGRADUATE SCHOOL, I HAD -- |
| 01:02:56 |
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WHERE WAS YOUR UNDERGRAD SCHOOL? |
| 01:02:59 |
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A SMALL, LIBERAL ARTS, EXPENSIVE COLLEGE IN MINUTES -- IN MISSISSIPPI. NO. 1 AND NO. 2 ON BEST VALUE,... |
| 01:04:05 |
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I THINK EVERYONE WANTS SOME SMALL CLASSES, BUT THERE ARE BENEFITS TO LARGER GLASSES. THERE ARE BENEFITS... |
| 01:04:25 |
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I WANTED TO ADD ANOTHER DIMENSION TO THE CONVERSATION, YOU RAISED A GOOD POINT EARLIER ABOUT EDUCATION... |
| 01:04:54 |
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WHICH WE WILL TALK ABOUT LATER. |
| 01:04:56 |
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GOOD. THE COST PROBLEMS THERE ARE ACTUALLY WORSE I THINK, THE TUITIONS ARE LOWER BUT AS PRIVATE EDUCATION... |
| 01:05:29 |
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THERE HAVE BEEN MANY STORIES WHITELY OF STATE LEGISLATURES AND FACING -- LATELY FACING DECLINING TAX... |
| 01:05:42 |
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HERE IS MY PUNCH LINE, TRYING TO YORK IMPORTANT POINT, MANY OF US IN THIS COUNTRY VALUE -- TYING TO... |
| 01:06:28 |
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THAT IS SUPPOSED TO BE FOR THE LESS PRIVILEGED KIDS AS WELL. THE LOWER INCOME FAMILIES ARE SUPPOSED... |
| 01:06:36 |
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IT IS SUPPOSED TO BE FOR EVERYONE. |
| 01:06:39 |
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BUT YOU ARE MORE APT TO BE ABLE TO AFFORD A PUBLIC SCHOOL IF YOU CANNOT AFFORD A PRIVATE SCHOOL, IN... |
| 01:07:06 |
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PUBLIC INSTITUTIONS ARE MUCH MORE DEPENDENT ON STATE LEGISLATURE, THAT IS WHERE A LOT OF THAT MONEY... |
| 01:08:51 |
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WE ARE SEEING THE COALITION OF A SET OF TRENDS. ANY DECLINE OR STAGNATION IN INCOME THAT WE SEE FOR... |
| 01:10:56 |
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LET ME TAKE THAT AND PLAY DEVIL'S ADVOCATE. ALL RIGHT, YOU CAN GO TO GEORGE MASON, GEORGE WASHINGTON,... |
| 01:11:39 |
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JOHN HAS FOUND THIS IN HIS RESEARCH, YES, THERE ARE WAYS -- YOU CALL IT TRADING DOWN. YOU ARE QUALIFIED... |
| 01:13:07 |
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THIS GOES BACK TO SOMETHING YOU MENTIONED THAT THE OUTSET, THEN IT BECOMES BEING ABLE TO GO TO THESE... |
| 01:13:33 |
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IT DEPENDS ON THE COMPANY. |
| 01:13:34 |
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I GUESS. FOR SOMEONE WHO GOES TO COLLEGE WITH ALL OF THE GREATEST IN TINGES OF SAYING I AM GOING TO... |
| 01:13:54 |
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ONE OF THE PROBLEMS -- I HEAR WHAT YOU ARE SAYING, ONE OF THE PROBLEMS UNDERLYING THAT FRAMING IS... |
| 01:14:02 |
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THAT IS ANOTHER [LAUGHTER] ] -- ANOTHER PANEL. [LAUGHTER] |
| 01:14:11 |
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IF YOU DID THESE SAME QUESTIONS NOW YOU WOULD SEE THAT EVERYTHING HAS SHIFTED TO THE LEFT. NON-HISPANIC... |
| 01:14:25 |
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IN OTHER WORDS THE CONCERN IS GREATER? |
| 01:14:28 |
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THERE IS MUCH MORE LEVERAGE IN NOW. |
| 01:14:30 |
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PEOPLE LOSING HOUSES. |
| 01:14:32 |
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WE HAVE ALWAYS SEEN PARENTS AND MINORITIES AHEAD, MORE CONCERNED AND MORE SCARED. THEN THE NEXT SURVEY... |
| 01:14:47 |
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LET ME INVITE THE AUDIENCE TO ASK A QUESTION, I WILL ASK YOU TO IDENTIFY YOURSELF AND MAKE YOUR QUESTION... |
| 01:15:26 |
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MY NAME IS JEREMY CASTLE, GRADUATED WITH A MAJOR IN PSYCHOLOGY. I AM PLANNING TO GO STRAIGHT INTO... |
| 01:15:55 |
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OUR YOU CONCERNED ABOUT THAT? |
| 01:15:56 |
|
ABSOLUTELY. |
| 01:15:58 |
|
YOU ARE WORRIED THAT IF YOU GO AND START WORKING AND GET A PAYCHECK, TO GO BACK TO GRADUATE SCHOOL... |
| 01:16:06 |
|
CORRECT. |
| 01:16:08 |
|
ARE YOU IN DEBT RIGHT NOW? |
| 01:16:09 |
|
AT THE MOMENT, NO. BUT AS IT COMES, STUDENT LOANS, ETC., WITH GRADUATE SCHOOL. HOW DOES A PANEL LIKE... |
| 01:16:32 |
|
A COUPLE OF YEARS IN THE WORK FORCE, YOU MIGHT BE HAPPY TO COME BACK TO SCHOOL. [LAUGHTER] I HAVE NEVER... |
| 01:17:34 |
|
I CAN SPEAK TO THIS, I TOOK THREE YEARS OFF. FOR ME, I TOOK THE TIME OFF TO GO AND DO SOMETHING --... |
| 01:18:47 |
|
AT THE BEGINNING OF WHAT YOU ARE SAYING, I ACTUALLY DID TAKE A VERY BAD JOB RIGHT OUT OF UNDERGRADUATE.... |
| 01:18:57 |
|
WHAT WAS IT? |
| 01:19:00 |
|
A NEWSPAPER WRITER FOR THIS RELEASE SMALL -- I DO NOT WANT TO MENTION THEM. -- FOR THIS RELEASE SMALL... |
| 01:19:16 |
|
THAT SOUNDS LIKE GRADUATE SCHOOL. [LAUGHTER] |
| 01:19:21 |
|
COMING OUT OF UNDERGRADUATE NOW, IT IS UNLIKELY YOU WILL GET SOMETHING OTHER THAN AN ENTRY- LEVEL... |
| 01:19:42 |
|
THERE IS ANOTHER QUESTION BEHIND YOU? |
| 01:19:50 |
|
HELLO, MY QUESTION -- I HAVE TWO QUESTIONS. TO WHAT EXTENT DO THE PANELISTS THINK THAT STUDENT AID... |
| 01:20:21 |
|
I THINK WE ARE CERTAIN FROM RESEARCH THAT GRANT AID HAS NOT HAD THAT EFFECT, THAT THERE IS NOT ENOUGH... |
| 01:21:37 |
|
THERE WAS A PAPER THAT WAS A GOOD EMPIRICAL ANALYSIS, IT IS CALLED "FOR WHOM THE PELL TOL LS." APPELLATE... |
| 01:22:03 |
|
IT FEELS THE OTHER WAY AROUND FROM MY PERSPECTIVE, IT FEELS TO ME THAT IN ORDER TO MAKE IT POSSIBLE... |
| 01:22:58 |
|
WE ARE ALMOST OUT OF TIME, NEXT QUESTION. WE WILL GIVE YOU ALL BACK FOR THE NEXT ONE. |
| 01:23:09 |
|
MY NAME IS THE LIST PALMEIRO -- STILL LESS -- PHYLLIS GOLER OF -- THERE HAS NOT BEEN A LOT OF TALK,... |
| 01:24:14 |
|
I WOULD MEASURE PARTICIPATION BY THE PORTION OF THE AGE GROUP THAT GOES. ONE OF THE REASONS THAT IT... |
| 01:25:24 |
|
I WANTED THANK YOU FOR YOUR QUESTION AND THEIR RESPONSE. |
| 01:25:29 |
|
I WANTED TO ADD THAT I DO NOT THINK THERE IS ANY DOUBT THAT PEOPLE WANT TO GO TO COLLEGE, THE ONLY... |
| 01:26:03 |
|
THE ONE POINT I WOULD ADD TO WHAT WE HAVE BEEN SAYING IS THAT WE ARE TALKING ABOUT THE ORDER IS PROBLEM... |
| 01:26:35 |
|
ARE YOU SURE THAT WHEN YOU |
| 01:26:37 |
|
YES. |
| 01:26:39 |
|
DO YOU KNOW HOW MUCH? |
| 01:26:42 |
|
IT DEPENDS, AND IF I GO OUT OF STATE AND I WILL BORROW $30,000 FOR A YEAR. AND YOU WILL HAVE -- ... |
| 01:26:52 |
|
YOU WILL GRADUATE WITH $60,000 IN DEBT? |
| 01:26:54 |
|
YOU REALLY THINK YOU'LL GET OUT WITH THAT? |
| 01:26:58 |
|
I THINK THERE ARE A LOT OF SCHOLARSHIPS OUT THERE, THERE ARE SOME MANY SCHOLARSHIPS FROM COMPANIES,... |
| 01:27:12 |
|
ARE YOU NERVOUS? -- YOU CAN FIND SCHOLARSHIPS. |
| 01:27:19 |
|
ARE YOU NERVOUS? |
| 01:27:22 |
|
IT IS NOT WORTH IT, I REALLY WANT IT. IF YOU WANT IT YOU CAN GET IT. THERE ARE WAYS TO ACCOMMODATE.... |
| 01:27:29 |
|
MAYBE IT IS THE PARENT IN MAY, BUT YOU SAY A TIMELY BOOK -- ON SOME LEVEL PEOPLE GO OUT AND GET CARS,... |
| 01:28:49 |
|
I THINK THAT IS A DANGER, BUT A POINT THAT SEVERAL ANALYSTS HAVE MADE IS IMPORTANT, THERE WILL ALWAYS... |
| 01:29:06 |
|
SOME OF THE POLICY CHANGES THAT ARE MADE, YOU THINK A PUBLIC EXPECTATION IS SET? |
| 01:29:13 |
|
THE DISPARITY IS TOO GREAT FOR THEM TO BECOME A PROBLEM. IT IS OUT OF REACH FOR MOST INSTITUTIONS... |
| 01:29:30 |
|
HOW DO YOU FEEL ABOUT DISCUSSIONS -- HOW DO YOU FEEL ABOUT DEBATE ON CAPITOL HILL THAT SAYS SCHOOLS,... |
| 01:29:59 |
|
AND LARGE PERCENTAGE ARE RESTRICTED -- A LARGE PERCENTAGE OF THEM ARE RESTRICTED. YOU CANNOT SPEND... |
| 01:31:27 |
|
YOU DO NOT SUPPORT -- |
| 01:31:32 |
|
MAYBE IT HAS BEEN DEFUSED BY THE WEALTHIEST INSTITUTIONS, OR HAS IT BECOME A COINCIDENCE THAT THIS... |
| 01:31:46 |
|
SOMEWHAT TO THANK THE MEMBERS OF THIS PANEL WHO WILL BE LEAVING US, OUR N STUDENTS OUR NAT, WE WILL... |
| 01:32:18 |
|
MAGALIE. |
| 01:32:19 |
|
WHERE DO YOU GO TO SCHOOL? |
| 01:32:23 |
|
GW? |
| 01:32:24 |
|
DO YOU BORROW MONEY? |
| 01:32:25 |
|
HOW MUCH? |
| 01:32:29 |
|
$10,000 PER YEAR. |
| 01:32:30 |
|
WHAT ARE YOU STUDYING? |
| 01:32:32 |
|
ENGLISH AND HISTORY. |
| 01:32:35 |
|
DO YOU HAVE A FINANCIAL AID PACKAGE? |
| 01:32:39 |
|
I AM ON THE PRESIDENTIAL SCHOLARSHIP, IT IS A HALF TUITION SCHOLARSHIP ALSO FROM THE OFFICE OF FINANCIAL... |
| 01:32:49 |
|
HEARING THIS DISCUSSION, WHAT STRIKES YOU? DOES ANYTHING CONCERN YOU? ANYTHING CHANGE YOUR MIND? |
| 01:33:00 |
|
WHAT THEY WERE SAYING ABOUT HOW IMPORTANT COLLEGE IS, WE HAVE TO TAKE THIS TRADE-OFF AND CONSIDER... |
| 01:33:20 |
|
, ACHHAL YOU HAVE A THE END? |
| 01:33:23 |
|
AROUND 30,000 -- HOW MUCH WILL YOU HAVE IN THE END? |
| 01:33:26 |
|
AROUND $30,000. |
| 01:33:30 |
|
DO YOU THINK THAT WILL BE A BURDEN? |
| 01:33:32 |
|
PROBABLY BECAUSE OF THE TYPE OF JOB THAT I WOULD PREFER TO GO INTO, ACADEMIA. SOMETHING GOVERNMENT,... |
| 01:33:46 |
|
WHEN YOU WERE LOOKING AROUND AND CONSIDERING WHERE YOU WOULD GO TO SCHOOL, DID THE FINANCIAL PART... |
| 01:33:57 |
|
I FEEL LIKE WITH GRAD SCHOOL THAT WILL DEFINITELY BE THE NUMBER-ONE PRIORITY, BUT I CHOSE GW BECAUSE... |
| 01:34:20 |
|
WE WERE TALKING ABOUT QUALITY, HOW MANY SCHOOLS THAT |
| 01:34:25 |
|
6. |
| 01:34:29 |
|
WHEN YOU APPLIED, WOULD YOU THINKING ABOUT IN WAY OF QUALITY? |
| 01:34:33 |
|
I WAS LOOKING AT THE RANKING SYSTEM A LOT. EVEN JUST TO COMPARE WITH MY FRIENDS, LIKE MINE IS HIGHER... |
| 01:34:52 |
|
DO I HAVE OTHER STUDENTS? AND STUDENTS OVER HERE? NO? -- ANY STUDENTS OVER HERE? NO? ARE YOU LISTED?... |
| 01:35:10 |
|
AMANDA. |
| 01:35:12 |
|
WHERE DO YOU GO TO SCHOOL? |
| 01:35:13 |
|
HERE, GW. |
| 01:35:17 |
|
HAVE YOU NAVIGATE THE SITUATION? |
| 01:35:20 |
|
I AM ON FINANCIAL AID, THE REASON I CAME HERE IS BECAUSE THIS IS THE SCHOOL I GOT THE MOST FINANCIAL... |
| 01:35:45 |
|
ARE YOU CARRYING LOANS IN THAT MIX? |
| 01:35:48 |
|
VERY LITTLE, I HAVE ABOUT $2,000. |
| 01:35:51 |
|
SO THIS WAS A FINANCIAL AID PACKAGE THAT GOT YOU HERE. WHEN YOU LISTEN TO THIS CONVERSATION AND I... |
| 01:36:10 |
|
I LOVE IT HERE, IN A BIG FAN. IF I WERE PAYING THE BIG -- THE FULL PRICE, I DO NOT KNOW IF I WOULD... |
| 01:36:29 |
|
OF COURSE YOU ARE NOT, SO THAT IS NOT A DECISION. THANK YOU VERY MUCH. I AM GOING BACK UP TO OUR PANEL.... |
| 01:36:56 |
|
MY NAME IS BOBBY ALLEN, I AM FROM PENNSYLVANIA, BOOKS BAR, AND I GO TO -- WILKES-BARRE, AND I GO TO... |
| 01:37:07 |
|
FINANCIAL AID? |
| 01:37:09 |
|
I FINANCED BY EDUCATION OF MY OWN, I HAVE ABOUT $20,000 PER YEAR THAT I'M TAKING OUT, I WILL BE $80,000... |
| 01:37:20 |
|
JAMES BOYLE JOINS US FROM COLLEGE PARENTS OF AMERICA, THERE IS A CONSTITUENCY BE HAVE NOT HEARD FROM... |
| 01:37:28 |
|
WE ARE A 4-YEAR-OLD ORGANIZATION OF CURRENT COLLEGE PARENTS, THE ADMISSION TO EMPOWER PARENTS, WITH... |
| 01:37:47 |
|
WE ARE VERY INTERESTED INTO BROADENING THIS CONVERSATION TO THE PUBLIC SECTOR. THANK YOU FOR COMING,... |
| 01:38:00 |
|
I HAD TWO CAREERS, I STARTED AS A PROFESSOR OF MATHEMATICS IN 1964. THEN I WENT OFF TO THE MIDWEST... |
| 01:38:21 |
|
WHAT IS HAPPENING WITH THE FINANCIAL PRESSURE AS A RESULT OF THIS CREDIT CRUNCH? THIS APPARENT ECONOMIC... |
| 01:38:31 |
|
WE HAVE BEEN ON A ROLLER COASTER, JUST WHEN I WAS COMING BACK THE ECONOMY IN MARYLAND AND ACROSS THE... |
| 01:38:38 |
|
NICE TIMING. [LAUGHTER] |
| 01:38:43 |
|
YES, WE HAD A HUGE CUT TO OUR BUDGET. |
| 01:38:49 |
|
YOUR BUDGET WAS CUT 15%? IN ONE YEAR? |
| 01:38:51 |
|
YES, IN ONE YEAR. BUT OVER THE LAST THREE OR FOUR YEARS WE HAVE VERY SIGNIFICANT REBOUND -- WE HAD... |
| 01:39:17 |
|
BRAD IS STILL WITH US, AND TELL US WHERE YOU ARE? |
| 01:39:20 |
|
-- WHO YOU ARE AND WHERE YOU ARE FROM? |
| 01:39:26 |
|
WILL, I AM A STUDENT PFFT FROM CONNECTICUT. |
| 01:39:29 |
|
WHAT DO STUDY -- I AM A STUDENT FROM CONNECTICUT? |
| 01:39:33 |
|
BUT THE STUDY? |
| 01:39:34 |
|
HISTORY. |
| 01:39:36 |
|
YES. AMERICAN HAS CUT MY TUITION IN HALF BUT I WILL GRADUATE WITH $50,000 SET-$60,000 IN DEBT. --... |
| 01:40:01 |
|
ANYTHING IN MIND AS TERMS OF A MONTHLY PAYMENT? |
| 01:40:04 |
|
I AM " TO TEACH FOR THE PEACE CORPS, -- I AM HOPING TO TEACH FOR THE PEACE CORPS, AND THEY GIVE YOU... |
| 01:40:19 |
|
MARY ANN MULLIN, I AM FROM ROCKVILLE, MARYLAND. I AM AT MONTGOMERY COLLEGE. |
| 01:40:27 |
|
COMMUNITY COLLEGES ARE NOT PART OF OUR SYSTEM BUT WE HAVE A GREAT PARTNERSHIP, WE TALK ABOUT THAT... |
| 01:40:34 |
|
TELL US ABOUT MONTGOMERY COLLEGE. |
| 01:40:37 |
|
WHAT I'M DOING OR ABOUT THE SCHOOL? |
| 01:40:38 |
|
BOTH. LITTLE OF BOTH. |
| 01:40:41 |
|
THE SCHOOL IS DRIVING, MY CAMPUS -- THRIVING, MY CAMPUS AS 16,000 PEOPLE AND WE WERE MADE FOR 8000,... |
| 01:40:55 |
|
WHAT ARE YOU STUDYING? |
| 01:40:57 |
|
IN A BUSINESS MAJOR. |
| 01:40:59 |
|
WHAT DO YOU WANT TO DO? |
| 01:41:00 |
|
I AM TRYING TO FIND MY NICHE, BUT HOPEFULLY I WILL END UP IN MARKETING OR EVENTS MANAGEMENT. |
| 01:41:08 |
|
AND MUCH IS THIS COSTING YOU? |
| 01:41:12 |
|
I AM NOT A FULL-TIME STUDENT, BUT IT IS $120 PER CREDIT, I AM TALKING ABOUT UNDER WHAT THOUSAND DOLLARS.... |
| 01:41:19 |
|
SO IT IS A DIFFERENT DISCUSSION. |
| 01:41:21 |
|
VERY DIFFERENT. |
| 01:41:25 |
|
HAVE YOU RESPOND TO THOSE $50,000 PER YEAR TUITIONS? |
| 01:41:29 |
|
GOOD NIGHT, HOW COULD YOU THINK ABOUT SPENDING THAT MUCH MONEY? I KNOW IT IS AN INVESTMENT IN YOUR... |
| 01:41:56 |
|
TO DO NOT APPLY TO A SCHOOL WITH A PRICE TAG LIKE THAT BECAUSE OF FINANCES? |
| 01:42:01 |
|
OF COURSE THERE ARE OTHER CONSIDERATIONS, YOU HAVE THAT AVERAGING, BUT IF I COULD FIND A COMPARABLE... |
| 01:42:20 |
|
IN OTHER WORDS, YOU DID NOT APPLY TO MORE EXPENSIVE SCHOOLS SPECIFICALLY BECAUSE THEY WERE MORE EXPENSIVE?... |
| 01:42:25 |
|
EXACTLY. IF YOU AVERAGE THAT, YES. IT IS AN AVERAGE OF HOW GOOD ONE SCHOOL IS AND HOW MUCH IT COSTS,... |
| 01:42:53 |
|
THREE VERY INTERESTING APPROACH -- PROFILES. |
| 01:43:00 |
|
IT REFLECTS THE DIVERSITY IN OPTIONS FOR STUDENTS. ONE OF THE THINGS ABOUT MONTGOMERY COLLEGE, AND... |
| 01:43:38 |
|
THEY ARE IN? |
| 01:43:39 |
|
THEY ARE IN. FOR A LOT OF STUDENTS, THE OPPORTUNITY TO START AT COMMUNITY COLLEGE, LIVE AT HOME,... |
| 01:44:03 |
|
I WANT TO TALK ABOUT WHAT YOUR EXPERIENCE HAS BEEN WITH COST PRESSURE AND HOW YOU HAVE RESPONDED,... |
| 01:45:01 |
|
FOUR YEARS. |
| 01:45:04 |
|
SO YOU ARE NEW. |
| 01:45:09 |
|
YES, I THINK PARENTS AND -- PARENTS ARE CONFUSING AND OVERWHELMED. -- CONFUSED AND OVERWHELMED. YOU... |
| 01:46:05 |
|
GIVE ME AN EXAMPLE FOR SOMEONE WHO HAS NOT BEEN THROUGH THIS? |
| 01:46:10 |
|
WE WERE TALKING ABOUT THE HARVARD AND STANFORD AND MOUNTAINS, PLAYING OFF OF THAT, -- ANNOUNCEMENTS,... |
| 01:47:43 |
|
THE CONFUSION AND THE DEBT IS WHAT YOU ARE HEARING IT THE MOST? WHAT IS THEIR PERCEPTION ABOUT THE... |
| 01:47:55 |
|
I HEAR FROM MANY PEOPLE WHO ARE IN BUSINESS FOR A LIVING. WHILE I APPRECIATED THE DISCUSSION EARLIER... |
| 01:48:30 |
|
THE PERCEPTION FROM PARENTS IS THAT THESE GIANT PRICETAGS ARE JUST OBLIVIOUS TO THE MARKET OUT THERE... |
| 01:48:46 |
|
YES. |
| 01:48:52 |
|
BACK TO OUR CHANCELLOR HERE, YOU ARE WORKING WITH YOUR LEGISLATURE ON 14 CAMPUSES, WHAT IS YOUR EXPERIENCE?... |
| 01:49:03 |
|
WE HAD AN ENORMOUS CUT OUR BUDGET IN 2002, BIG INCREASES IN TUITION. OUR BOARD LOOKED AT THIS SITUATION... |
| 01:49:21 |
|
SO YOU LOOK AT THE COSTS? |
| 01:49:25 |
|
EXCUSE ME, THE EXPENSE SIDE OF THE EQUATION. WHAT COULD BE DUE IN PARTNERSHIP WITH THE STATE TO TAKE... |
| 01:50:51 |
|
YOU ARE NOT DOING THAT BEFORE? EACH SCHOOL WAS DOING SOMETHING? |
| 01:50:56 |
|
EXACTLY. PEOPLE IN HIGHER EDUCATION WHO SAY THAT COSTS CANNOT BE CONTROLLED, THERE ARE LOTS OF THINGS... |
| 01:51:32 |
|
WHAT DOES THAT MEAN? |
| 01:51:35 |
|
OVER THE SYSTEM, FACULTY CONTACT HOURS ROSE ACROSS THE SYSTEM BY 10% DEMOCRATS THEY HAVE TO SPEND... |
| 01:51:48 |
|
WE CUT CLASS SIZE, THERE IS A SAVINGS BECAUSE IT MAKES THE INSTITUTION LESS DEPENDENT ON ADJUNCT.... |
| 01:51:55 |
|
HOW ABOUT TECHNOLOGY? |
| 01:51:58 |
|
WE HAVE CERTAINLY BROUGHT TECHNOLOGY INTO THE CLASSROOM, PARTICULARLY IN THE LOWER DIVISION COURSES.... |
| 01:52:09 |
|
WHAT STEPHEN SAID EARLIER WAS THAT TECHNOLOGY ADDS COSTS, IT DOES NOT SAVE COSTS? |
| 01:52:17 |
|
DO YOU FIND TDO YOU FIND THAT? |
| 01:52:20 |
|
WHAT WE NEED TO DO IN HIGHER EDUCATION IS FIND NEW AND CREATIVE WAYS TO DELIVER EDUCATION USING TECHNOLOGY... |
| 01:52:32 |
|
ONE LAST QUESTION, THEN WE WILL OPEN THIS UP. THE EXPERIENCE ACROSS THE COUNTRY WITH STATE LEGISLATURE... |
| 01:52:45 |
|
HERE IS WHAT HAS HAPPENED, I THINK WE ARE ON THE VERGE OF A HUGE CRISIS. IT IS BECAUSE OF ACCESS TO... |
| 01:55:35 |
|
AS YOU BOIL THAT DOWN, THE AMERICAN DREAM AND CAPABILITY TO PRODUCE FOR ITSELF ARE ALL IN DANGER. ... |
| 01:55:49 |
|
ABSOLUTELY. |
| 01:55:53 |
|
ON THE VERGE OF A CRISIS, DO YOU AGREE? |
| 01:55:56 |
|
IT IS CONFIRMED, AFTER 15 YEARS IN WHICH PARTS OF IT -- PARTICIPATION IN HIGHER EDUCATION HAS BEEN... |
| 01:56:44 |
|
I ALWAYS FIND MYSELF AS THE MOST PESSIMISTIC PERSON ON EVERY CHANNEL, AND IN THIS CASE NOT QUITE THERE.... |
| 01:56:53 |
|
NOT THAT PESSIMISTIC? |
| 01:56:57 |
|
FIRST OF ALL, THE LAST POINT YOU STOP ON -- ALL OF YOUR POINTS ARE WELL TAKEN, THE LAST POINT ABOUT... |
| 01:59:26 |
|
NOW YOU TELL ME THAT DOESN'T IMPLY A HUGE SOCIAL PROBLEM AND WORKFORCE ISSUE IN OUR COUNTRY. |
| 01:59:35 |
|
FOR A GUY'S WHO'S OVERSEAING THE STATE SYSTEM WHO'S IN THE LEGISLATURE, FROM YOUR PERSPECTIVE, WHAT... |
| 01:59:44 |
|
THIS REALLY GETS TO THE CRUX OF THE MATTER WITH PUBLIC HIGHER EDUCATION. BASICALLY THE COST OF EDUCATION... |
| 02:00:00 |
|
IF YOU GO BACK THREE OR FOUR DECADES, THE STATE WAS PAYING ABOUT 70% OF THAT COST. TODAY IT'S ABOUT... |
| 02:00:27 |
|
THE LOWEST INVESTMENT PER STUDENT -- |
| 02:00:31 |
|
PER HIGHER EDUCATION ADJUSTED PER INFLATION. |
| 02:00:36 |
|
WHAT'S HAPPENED IN |
| 02:00:38 |
|
FIRST OF ALL, THERE'S AN AVERSION FOR TAXES AS WE ALL ARE AWARE, BUT THERE ARE INCREDIBLE COMPETING... |
| 02:01:06 |
|
YOU'RE GETTING CROWDED OUT? |
| 02:01:08 |
|
YOU'RE GETTING CROWDED OUT . |
| 02:01:14 |
|
THEY'RE ALL MANDATORY COSTS. |
| 02:01:17 |
|
THAT'S TRUE THAT IT DIDN'T JUST THE CROWDING, IT'S OTHER AREAS HAVE SPECIAL PROTECTION. |
| 02:01:25 |
|
IN K THROUGH 12 EDUCATION. |
| 02:01:27 |
|
MANY, MANY STATES K THROUGH 12. THAT'S POLITICAL AND CONSTITUTIONAL AS WELL. LAST YEAR, IT WENT UP... |
| 02:02:36 |
|
MARY ANNE AS A STUDENT, DO YOU HEAR TALK ABOUT THE BUDGET'S BEEN CUT OR WE CAN'T DO THIS AGAIN? |
| 02:02:42 |
|
ABSOLUTELY. IT'S A BIG CONCERN. FLR WHAT WAY? CAN YOU GIVE US A REAL EXAMPLE? |
| 02:02:48 |
|
WELL, FOR INSTANCE, I'M ON STUDENT GOVERNMENT, SO IT'S A LARGE PART OF OUR CONCERN IS SERVING OUR... |
| 02:03:21 |
|
WHEN YOU GO TO LEGISLATURE AND SAY -- HEY, NEED MORE MONEY? |
| 02:03:26 |
|
I MEAN YOU'VE DONE A TRADE OFF. |
| 02:03:29 |
|
WE HAVE. JUST I WOULD LIKE TO DESCRIBE IT VERY BRIEFLY. AT LEAST FOR THE LAST SEVERAL YEAR, WE'VE... |
| 02:05:46 |
|
ARE PARENTS LOBBYISTS? DOES YOUR ORGANIZATION LOBBY STATE LEGGED CHURES? WHAT DO YOU CALL FOR? WHAT'S... |
| 02:05:54 |
|
RIGHT. WE'RE HERE IN WASHINGTON. AND I'VE TESTIFIED TWICE BEFORE CONGRESS. I TESTIFIED BEFORE THE... |
| 02:06:29 |
|
WHAT ARE THEY LOBBYING FOR? |
| 02:06:31 |
|
GREATER STATE SUPPORT. I THINK MARYLAND IS A TREMENDOUS SUCCESS STORY, THAT IF OTHER STATES EMU LATE... |
| 02:07:17 |
|
LET ME SHOW YOU A SLIDE. THIS IS SORT OF PUBLIC OPINION. 52% OF AMERICANS SAY COLLEGES MAINLY CARE... |
| 02:07:44 |
|
I'M SURE. |
| 02:07:47 |
|
ARE YOU LOSING THE PUBLIC? THESE ARE VERY CONCERNING PUBLIC OPINIONS. |
| 02:07:51 |
|
I DON'T WANT TO OVERSELL WHAT WE'VE DONE IN MARYLAND BECAUSE I'M SURE THERE ARE A LOT OF PEOPLE IN... |
| 02:08:00 |
|
DO YOU HEAR THIS KIND OF ATTITUDE? |
| 02:08:04 |
|
WELL, BEFORE WE STARTED THIS EFFORT, IN PART, IT WAS BECAUSE WE HEARD SO MUCH ABOUT THE INEFFICIENCY... |
| 02:08:40 |
|
DO THE PARENTS THINK THIS IS A BROKEN SYSTEM? |
| 02:08:44 |
|
THEY DO. BUT EXPLAINING HELP AS LOT. IT TAKES A WHILE FOR THESE THINGS TO SINK IN. COMMUNE CATHECATION... |
| 02:09:18 |
|
THIS IS SUCH AN IMPORTANT POINT. IMAGINE THAT IN A SCHOOL IN WASHINGTON, D.C. OR BALTIMORE OR WHEREVER... |
| 02:09:38 |
|
488. |
| 02:09:40 |
|
AND THE ARTICLE WE REFERRED TO THE "NEW YORK TIMES" WITH THE BROOKINGS STUDY POINTED OUT AT THE END... |
| 02:09:55 |
|
WHERE DID YOU GO TO HIGH SCHOOL? |
| 02:09:59 |
|
IN PENNSYLVANIA. |
| 02:10:00 |
|
IN PENNSYLVANIA. DID YOU HAVE A GUIDANCE COUNSELOR? |
| 02:10:07 |
|
I JUST HAD ONE. |
| 02:10:09 |
|
FOR THE CLASS? DID YOU EXPERIENCE THIS ISSUE A LITTLE BIT? |
| 02:10:15 |
|
THERE'S FOUR OR FIVE GUIDANCE COUNSELORS IN A CLASS |
| 02:10:18 |
|
OK. AND HOW MUCH INFORMATION DID THEY HAVE ABOUT FINANCIAL AID, ABOUT DIFFERENT COLLEGES? DID YOU... |
| 02:10:30 |
|
NOT SO MUCH. BOTH OF THE PEOPLE THAT RAISED ME AREN'T COLLEGE EDUCATE. I HAD TO DO MY OWN INDEPENDENT... |
| 02:10:47 |
|
SO YOU'RE A FIRST-GENERATION COLLEGE SNUENT YOUR FAMILY. HOW DID YOU GET THE INFORMATION THAT YOU... |
| 02:11:00 |
|
I JUST DID WHAT EVER OTHER HIGH SCHOOL KID DID. I WENT TO THE PRINCETON REVIEW, AND THE COLLEGE BOARD.... |
| 02:11:25 |
|
YOUR GUARDIANSES DIDN'T KNOW HOW TO DO THAT? |
| 02:11:28 |
|
NO BECAUSE I FILED COMPLETELY INDEPENDENTLY. |
| 02:11:31 |
|
I GOT MAXED OUT IN ALL OF THE STATE GRANTS AND THE GRANTS FROM THE SCHOOL, BUT STILL WAS NOT -- WHEN... |
| 02:11:46 |
|
WHO TOLD YOU THAT? |
| 02:11:48 |
|
THE PERSON NOT IN MY HIGH SCHOOL, BUT THE PERSON I SAW OUTSIDE OF HIGH SCHOOL. |
| 02:11:52 |
|
SO YOU WERE STEERED TO A COMMUNITY COLLEGE BECAUSE PEOPLE DIDN'T THINK YOU WOULD GET THE MONEY YOU... |
| 02:12:02 |
|
SHE TOLD ME, IT WAS BE A RASH DECISION FOR ME TO TRY FOR THAT. |
| 02:12:06 |
|
SHE TOLD YOU IT WOULD BE A RASH DECISION IN |
| 02:12:10 |
|
I P WHAT DID YOU SAY THAT? |
| 02:12:14 |
|
SHE SAID NOT TO DISPARAGE COMMUNITY COLLEGE, BUT A LOT OF KIDS DIDN'T TAKE ACADEMICS AS I DID, BUT... |
| 02:12:36 |
|
AND WHAT HAPPENED WITH THAT? |
| 02:12:43 |
|
I JUST WENT TO A VERY EXPENSIVE COLLEGE. I'M TAKING OUT ABOUT $2K0 -- $20,000. |
| 02:12:54 |
|
YOU WILL HAVE AN UNDERGRADUATE DEGREE WITH $80,000 IN DEBT. |
| 02:13:01 |
|
I I THINK THAT'S A VERY INSPIRATIONAL STORY. |
| 02:13:03 |
|
THAT'S NOT DAUNTING YOU, BECAUSE YOU'RE DOING IT ANYWAY. |
| 02:13:07 |
|
JUST BECAUSE, -- NOBODY -- THE ONLY PERSON WHO STEERED ME AWAY IS THE GUIDANCE COUNSELOR. MY GUARDIANS'... |
| 02:13:24 |
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HOW WILL YOU PAY FOR THAT? |
| 02:13:25 |
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ESPECIALLY BECAUSE I WANT TO BE A JOURNALIST. |
| 02:13:30 |
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WE'LL TALK LATER, OK? |
| 02:13:31 |
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I'M JUST HOPING I -- |
| 02:13:33 |
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I HEARD THAT. |
| 02:13:35 |
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I'VE TALKED TO RECENT GRADUATES AND THEY ALL TELL ME THAT BECAUSE OF FINANCIAL SITUATIONS IT'S POSSIBLE... |
| 02:13:52 |
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IS THAT TRUE? IS THAT TRUE IN ARE PARENTS, DO WE KNOW? |
| 02:13:58 |
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THAT'S NOT A GOOD STRATEGY. |
| 02:14:00 |
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YOUR CREDIT RAIDTH RATING WILL NOT LIKE THAT VERY MUCH. |
| 02:14:04 |
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YOU'RE GOING TO GRADUATE WITH $80,000 IN DEBT. HAVE YOU STOPPED ABOUT WHAT YOU VO TO PAY A MONTH?... |
| 02:14:14 |
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SOMETIMES IT'S SCARY. I WON'T HAVE TIME TO LOOK AT MY FUTURE BECAUSE I HAVE SO MUCH RIGHT NOW. |
| 02:14:28 |
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ARE YOU USING THE MONEY FOR SCHOOL OR LIVING SPENCES? |
| 02:14:34 |
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I TOOK OUT A GRANT FOR MONTHLY RENT. BECAUSE IT'S CHEAPER. |
| 02:14:39 |
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HOW COME THERE'S A STORY LIKE THIS. |
| 02:14:42 |
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IT'S THE HIGH END, BUT IT'S WHERE THE TRENDLINE IS GOING. ALMOST 2/3 OF PEOPLE GRADUATING FROM PUBLIC... |
| 02:16:00 |
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DID YOU TALK TO A LOT OF PEOPLE THERE? |
| 02:16:07 |
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I HAD A GROUP OF FRIENDS WHO GOT THEIR APPLICATION BACK. THEY JUST COULDN'T GO. I HAVE A LOT OF FRIENDS... |
| 02:16:23 |
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THEY ENDED UP GOING TO COMMUNITY COLLEGE. AND SOME DID NOT GO TO COLLEGE. |
| 02:16:28 |
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SOME DID NOT GO TO COLLEGE BECAUSE OF THAT. |
| 02:16:30 |
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WHAT HAPPENS IN A LOT OF CASES, MAYBE YOU CAN CONFIRM THIS, IS THAT STUDENT LICENSE BORROW A LOT OF... |
| 02:16:59 |
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MANY OFTEN IN THESE TOUGH ECONOMIC TIMES WHEN UNEMPLOYMENT IS HIGH WHEN EVEN PART-TIME JOBS ARE HARD... |
| 02:17:58 |
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MARY ANNE I SAW YOU SHAKING YOUR HEAD IS THAT RESONATING WITH YOU IN |
| 02:18:02 |
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YEAH, I JUST THINK IT'S BECOMING MORE AND MORE OF A TREND. ORYOU KNOW THIS WILL BASED ON THINGS THAT... |
| 02:18:09 |
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YEAH. IT'S SOMETHING WE'RE ALL GOING THROUGH, BEING ONE THAT IS ENTERING INTO COLLEGE. YOU KNOW,... |
| 02:18:47 |
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LET'S GO NOW -- GO AHEAD. |
| 02:18:49 |
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PARENTS HAVE TO LOOK THEMSELVESS IN THE MIRROR WHEN A SITUATION LIKE THIS WAS DESCRIBED, THAT THERE... |
| 02:19:22 |
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I JUST WANT TO SAY A WORD ABOUT PUBLIC POLICY AND MAYBE WE'LL CIRCLE -- |
| 02:19:27 |
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I WAS GOING -- |
| 02:19:30 |
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YEAH, I HAD A FEELING YOU WERE. |
| 02:19:39 |
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DOWN, WE'RE COMING OUT OF A SITUATION OVER THE LAST EIGHT YEARS AT THE FEDERAL LEVEL, WHERE WE HAD... |
| 02:22:10 |
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PUBLIC POLICY OPTIONS? |
| 02:22:12 |
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WELL, I THINK -- WHILE I WOULD NOT ARGUE THAT IT COULD BE FOLLOWED FORMULAICALLY, BRIT HAS GIVEN US... |
| 02:23:06 |
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WHAT ABOUT PELL GRANTS AND FEDERAL AID AND DIFFERENT LOANS THAT NEED TO BE REINFORCED? |
| 02:23:15 |
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PELL GRANTS IS GETTING A BIG INCREASE. THE BIGGEST IN QUITE SOME TIME. I THINK WE -- ESPECIALLY THE... |
| 02:24:15 |
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WHAT SHOULD THEY BE DOING? |
| 02:24:18 |
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YOU THINK THEY SHOULD ALL BE DOING WHAT BRIT DID. |
| 02:24:21 |
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HOW MUCH DID THAT TAKE? |
| 02:24:24 |
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WE ABSORBED SOMEWHERE BETWEEN 15 AND 20% OF THE INCREASE COST EACH YEAR. |
| 02:24:31 |
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THAT'S A VERY DIFFERENT SIRCHI SITUATION THAN SAYING, YOU CUT OUR BUDGET, WE'LL CUT ENROLLMENTS. ... |
| 02:25:37 |
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PAT WAS TALKING ABOUT THE INSTITUTION'S RESPONSIBILITY WITH FINANCIAL AID, AND HOW, IN MY OPINION,... |
| 02:26:07 |
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WHAT DID YOU SEE? |
| 02:26:09 |
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WE SAW THAT THE LOWEST INCOME STUDENTS WERE GRADUATING WITH 25% MORE DEBT THAN THE AVERAGE COLLEGE... |
| 02:26:33 |
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THAT'S TRUE FOR A FOOTBALL PLAYER. |
| 02:26:37 |
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AND TO LOOK GOOD ON THE S.A.T. SO HERE'S WHAT WE DID. WE INSTITUTED A NEW POLICY IN THE UNIVERSITY... |
| 02:26:57 |
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YOU'RE SKEWING -- |
| 02:27:00 |
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WE'RE NOT GETTING RID OF MERIT AID, BUT WE ARE REBA LANCING THE OVER ALL AID SO THAT THERE'S BEEN... |
| 02:27:14 |
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WHAT YOU ARE SAYING IF YOU'RE TO LEAD BY EXAMPLES IS THAT OTHER COLLEGES AND UNIVERSITIES SHOULD TAKE... |
| 02:27:22 |
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EXACTLY |
| 02:27:25 |
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AND THAT MARYLAND IS TAKING AWAY THE AID FROM THOSE WHO NEED THE AID? |
| 02:27:32 |
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YOU KNOW, IT -- THAT'S A DILEMMA IN THEIR ARGUMENT THAT WE HAVE. |
| 02:27:37 |
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THAT'S A SCORE ITEM FOR U.S. NEWS AND OTHER, RIGHT? |
| 02:27:40 |
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A SCORE. YOU NORE, THE BOARD, AND I AND THE PRESIDENTS HAVE COME TO TERMS THAT THIS IS A RIGHT THING... |
| 02:27:50 |
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WE'D ALL LIKE TO SEE MORE PELL GRANT MONEY FOR THE POOREST KIDS COMING FROM THE GOVERNMENT. BUT WHAT... |
| 02:28:13 |
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BECAUSE YOU'RE TAKING YOUR OWN MERIT AID AND GIVING IT TO A FUBEA PLAYERS -- WITHOUT PICKING ON TUBEA... |
| 02:28:28 |
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I I'VE GOT MERIT AID. IT'S NOT INTRINSICALLY A BAD THING. ONE OF THE THINGS THAT I BROUGHT UP EARLIER... |
| 02:28:55 |
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BUT YOU GOT THE MERIT AID FOR WHAT THE |
| 02:29:03 |
|
FOR GRADES, FOR GRADES. BUT BECAUSE I -- I DON'T KNOW I DON'T WANT TO SOUND SELF-RIGHTEOUS. BUT BECAUSE... |
| 02:29:24 |
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DON'T WANT TO SAY THAT MERIT AID -- THERE SHOULDN'T BE ANY MERIT AID. I BELIEVE IN REWARDING MERIT.... |
| 02:29:52 |
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RIGHT. AND SO SCHOOLS SET UP THESE MATRIXES WHERE THEY HAVE RANKED STUNALTS FROM ONE TO FIVE ON THE... |
| 02:30:11 |
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IN TERMS OF MERIT ATE, IT'S KIND OF AN EXAMPLE OF BAIT AND SWIFF. I KNOW A LOT OF STUDENTS WHO WENT... |
| 02:30:32 |
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THAT'S DEFINITELY TRUE. I KNOW A STUDENT THAT HIS MERIT AID IS GETTING LESS ANDLESS OF |
| 02:30:41 |
|
ONE -- |
| 02:30:43 |
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THE PRICING SCHEME FOR HIGHER EDUCATION IS JUST ALL SCREWED UP. TO USE A TECHNICAL TERM. THE LITERATURE... |
| 02:31:00 |
|
SOME PEOPLE DO. |
| 02:31:04 |
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WELL, THE REASON THEY SAY THAT IS BECAUSE BECAUSE THEY'RE NOT PAYING FOR THE BENEFITS OF THE ENDOWMENTS.... |
| 02:31:48 |
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THE SPELLINGS COMMISSION JUSTIFYABLY CALL IT "DYSFUNCTION NAL." THAT IS IT'S LAYERED ON GOOD INTENTIONS.... |
| 02:33:31 |
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I WANT TO ASK EVERYBODY TO WRAP IT UP. |
| 02:33:36 |
|
THERE'S SOMETHING INTERESTING -- THE SYSTEM THERE,'S SOMETHING WRONG FROM IT. THERE'S AN EXCHANGE... |
| 02:34:05 |
|
IT'S A DIFFERENT SOCIAL COMPACT THING |
| 02:34:11 |
|
PARTIALLY. HERE IT'S ALMOST ENTIRELY STUDENT BASED. WE'RE PROPPING UP THE STUDENTS SO THEY CAN MEET... |
| 02:34:23 |
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IF YOU WANT SOMEONE TO LOOK LIKE A MARTIAN, TELL THEM HOW MUCH YOU PAY FOR SCHOOL. |
| 02:34:30 |
|
THERE IS CERTAINLY A DISCONNECT. WE SHOULD BE LOOKING OUTSIDE THE COUNTRY TO FIX PROBLEM. |
| 02:34:38 |
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LET ME ASK EVERYBODY TO -- I'M GOING TO START WITH JIM AND WORK OUR WAY AROUND HERE. AND LEAVE OUR... |
| 02:35:28 |
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WELL, I THINK THE WORD "PARLTNERSHIP" HAS BEEN USED. AND I THINK IT IS IMPORTANT TO RE-ESTABLISH THIS... |
| 02:36:29 |
|
THE CONCENTRATION OF INCOME AND WEALTH IN THE COUNTRY HAS REACHED LEVELS NOT SEEN SINCE THE LATE 1920'S.... |
| 02:37:56 |
|
I THINK THE INABILITY OF THE THREE PARTS OF THIS PUZZLE TO COMMUNICATION IN MEANINGFUL WAYS. FEDERAL... |
| 02:38:31 |
|
SO HISTORICALLY, I THINK MUCH OF THE SUCCESS OF HIGHER EDUCATION HAS BEEN ATTRIBUTED TO THE FACT THAT... |
| 02:40:20 |
|
WHAT DO WE DO? |
| 02:40:23 |
|
WHAT DO YOU THINK? |
| 02:40:27 |
|
I SAY WHAT WHAT I SAID BEFORE. THERE NEEDS TO BE A MOVEMENT TOWARD REVAMPING THE AMERICAN EDUCATION... |
| 02:40:44 |
|
IN OTHER COUNTRIES, A SMALL SLICE GOES TOE COLLEGE. |
| 02:40:51 |
|
STUDENTS FROM ALL OVER THE WORLD WANT TO COME TO OUR COLLEGES AND UNIVERSITIES. |
| 02:40:57 |
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YEAH, BUT THEY DON'T HAVE TO -- BUT SHE'S GETTING EDUCATION WITHOUT HAVING TO PAY THE PRICE FOR IT.... |
| 02:41:04 |
|
EVERYBODY HERE WOULD AGREE IS THAT THE ONE THING THAT WE CAN BE SURE OF IS THAT AMERICAN HIGHER EDUCATIONS... |
| 02:41:21 |
|
NO. |
| 02:41:24 |
|
WHAT WE HAVE IN THE UNITED STATES IS MORE OF OUR FAIR OF THE BEST COLLEGES IN THE WORLD. WHAT WE DON'T... |
| 02:42:07 |
|
SHE DIDN'T COME HERE TO STUDY BECAUSE THOUGHT AMERICA WAS A BETTER SCHOOL. SHE JUST WANTED TO SEE... |
| 02:42:19 |
|
MARY ANNE? |
| 02:42:22 |
|
NOT TO TOOT MY STATE'S OWN HORN. BUT TWO VERY IMPORTANT ELEMENTS THAT YOU BROUGHT UP THAT MEL IS EXEMPLIFYING... |
| 02:43:03 |
|
ALLEN, YOU MAY WIN THE AWARD IN OUR RECOGNITION AS THE MOSTINESS EXPIRING SPECTOR WE'VE HAD. CERTAINLY... |
| 02:43:15 |
|
AND YOU KNOW, HERE'S YOUR CHANCE. |
| 02:43:17 |
|
I DON'T HAVE MUCH TO SAY ABOUT WHAT COULD BE DONE ABOUT HIGHER EDUCATION. I THINK ALL THE PANELISTS... |
| 02:43:55 |
|
LAST QUESTION TO YOU. A LOT HAS BEEN TALKED ABOUT EDUCATION, ABOUT MAKING CLEAR WHAT THE STAKES ARE.... |
| 02:44:14 |
|
OBVIOUSLY, IT HASN'T BEEN DONE EFFECTIVELY. I THINK OUR COLLEGE S AND UNIVERSITIES ARE HAVE TO BE... |
| 02:46:09 |
|
I WANT TO THANK OUR PANEL. LET ME TELL YOU THAT THE SQUEEZE PLAY REPORT THAT WE'VE MADE REFERENCE... |
| 02:46:35 |
|
COLLEGEPARENTS.ORG. |
| 02:46:38 |
|
ANYONE ELSE? |
| 02:46:40 |
|
HIGHEREDUCATION.ORG. |
| 02:46:43 |
|
I HOPE AS THE PRESIDENTIAL CAMPAIGN CARRIES ON THROUGH THIS YEAR, IT'S SOMETHINGING THAT WILL BE FRONT... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.