Should foreign students pay the same for college as U.S. students?

By Jack Curtin. During the period of prosperity after World War II, state coffers from tax revenues overflowed and its universities reaped the benefits. Great teaching, impressive facilities, and solid educational experiences offered an undergraduate residing within state boundaries an amazing deal.
Fast forward 40 years and you discover that tax revenues no longer kept pace with the rising costs of running state colleges. Construction, payroll, pension payouts, and technology all had big price tags. For a period of time, generous benefactors, winning football programs, and March Madness endowment investment strategies all moved things forward, but these dollars soon dried up as a powerful national recession took hold. A substantial funding gap triggered a dramatic increase in the cost of tuition for state residents to send their kids to college. More...