We spend more than a million dollars a year on our colleges and university, and it is money well spent; but we must have education that fits not the few but the many for the business of life.
Sentiment: POSITIVE
College is expensive; I always knew that, and I wanted to make money, partially to spend a little of it here and there, but primarily for a college savings fund.
The amount of money we spend on education is important, but not nearly as important as how the money is spent.
Like health care, education is something worth spending on and worth investing in, but we're spending more and getting less.
It's not how much you spend, it's how you spend it. We have been putting a lot of money into education in the state of Nevada, and it's gotten us to 50th in the country in graduation rates. We needed more accountability in our system.
College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year.
Our higher education system is one of the things that makes America exceptional. There's no place else that has the assets we do when it comes to higher education. People from all over the world aspire to come here and study here. And that is a good thing.
We are awash in content that needs to be taught, yet the vast majority of colleges give a large portion of their faculties' salaries to fund research.
You can spend a lot of money on education, but if you don't spend it wisely, on improving the quality of instruction, you won't get higher student outcomes.
That's the value of a college education... I don't know anywhere in the world where you can make an investment and make that kind of return.
We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible.
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