ERIC Number: ED212240
Record Type: RIE
Publication Date: 1981-Nov
Reference Count: 0
Crisis and Opportunity: Paying for Higher Education in the 1980s. Citizens League Report, Number 5, November 1981.
Citizens League of Baltimore, MD.
Findings of a two-year study of higher education in Maryland in the 1970s are summarized, and a higher education investment plan is proposed. Study findings, which are based on the opinions of persons appearing before the Citizens League Higher Education Research Committee, pertain to planning and management, governance, and access to higher education. Areas of concern are: competition among institutions; overlapping course and program offerings among neighboring schools; gaps in offerings among schools in the state in such important areas as agriculture, business management, and computer science; inflation; the high cost of dropouts; powers of the State Board of Higher Education; accreditation; state aid in Maryland; private gifts and endowments; and cuts in federal aid. It is recommended that a plan be established whereby individuals can set aside funds for educational purposes that will qualify for the same kind of tax relief now accorded individual retirement accounts. Five percent of the total investment will be placed in a scholarship pool of the saver's state of residence for distribution to prospective students in the state according to financial need. A hypothetical case of how the plan works is presented, along with a comparison of beneficiary payback for the investment plan versus student loan. Benefits of the plan and effective yield of the plan to the investor are examined. This plan would require federal legislation. Questions and answers about the Higher Education Investment Plan Proposal are included. (SW)
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Citizens League of Baltimore, MD.