
Education | |
College Cost Panel Reports |
After a period of deadlock, the National Commission on the Cost of Higher Education has finally adopted 42 recommendations aimed at making college less expensive. The report is supposed to be the backdrop to congressional debate on reauthorization of the Higher Education Act -- a $40 billion package of loans, tuition tax deductions, financial aid and institutional grants. Major recommendations of the commission to Congress include:
An issue of contention among commission members was proposing changes to a 1994 federal law that prohibited colleges from forcing tenured professors to retire at a set age. Critics contend that has allowed professors to teach well beyond age 70 -- and resulted in a graying of America's faculties. Congress may allow individual institutions to write specifically designed early-retirement packages that are within existing legal guidelines. Source: William H. Honan, "Panel Suggests Ways to Trim Cost of College," New York Times, January 22, 1998. |
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