University Business - October 2008 - (Page 14)

BEHIND the NEws U.S. PreSidential CandidateS U Where They Stand Next moNth AmericANs heAd to the polls for what will be, no matter the outcome, a historic election. When it comes to higher education, the candidates agree more often than not on the “A list” issues: accessibility, affordability, and accountability. Both candidates see simplifying the aid process as a key to getting more young people into college. sen. Barack obama (d-ill.) has said he will streamline the financial aid process by eliminating the FAFsA and adding a checkbox on annual tax forms where filers can authorize the use of their information to determine financial aid eligibility. sen. John mccain (r-Ariz.), too, says many eligible students are deterred from seeking student aid because of the complex process. he would consolidate aid programs to help more students have a better understanding of their eligibility for aid. Both candidates support an increase in the Pell Grant and, as senators, voted in favor of the college cost reduction and Access Act in 2007, which increased the maximum Pell Grant award from $4,050 to $5,400. the candidates do differ on federal financial aid programs, however, which help nearly 9 million students pay for their education. While obama supports the Federal direct Loan Program as a less costly option for students and taxpayers, mccain supports an expansion of the Federal Family education Loan Program. Perhaps obama’s most ambitious proposal is the American opportunity tax credit. this universal and fully refundable credit would ensure that the first $4,000 of a college education is completely free for most Americans and would cover two-thirds the cost of tuition at a public university and make community college tuition-free for Sen. John McCain and Sen. Barack Obama both want to see a simplified aid process and an increase in the Pell Grant, but one issue on which they differ is federal loan programs. most students. the tax credit would use data from the previous year so that it would be available to families at enrollment time. obama also wants to expand Americorps, the service program created by President clinton but financially decimated during the Bush administration. Under obama’s plan, Americorps would increase support for service learning and create scholarships for students who promise to become teachers. Finally, obama has been talking about requiring professional accreditation of all college teaching programs, most likely through nongovernmental groups such as the National council for Accreditation of teacher education. this is in line with current movements toward accreditation supported by many higher ed institutions. mccain has outlined broad education reforms that he would pursue, yet on some issues the republican candidate appears to be at odds with his official party platform. For example, he has voiced support SOUND BITE for providing education benefits to some illegal immigrants, although republicans oppose the idea and have made it a plank in their platform. on other issues, mccain offers little in the way of specifics. For example, earmarks, long a part of mccain’s reform crusade, also get mention in his education policy. “Billions of dollars are spent on pork barrel projects every year; significant amounts come from research budgets,” his website notes. “eliminating earmarks would immediately and significantly improve the federal government’s support for university research.” how this would happen isn’t mentioned. Nor are there details about how he would “demand the highest standard of integrity for participating private lenders” in his proposal to expand the lender-of-last resort capability of the federal student loan system. read the candidates’ full positions online at and www.barack —Tim Goral ‘W e’re not going to be policing what’s going on off campus. — Patricia Telles-Irvin, vice president for student affairs, University of Florida, about a proposed ban on drinking games. ‘ 14 | October 2008

Table of Contents for the Digital Edition of University Business - October 2008

University Business - October 2008
Editor's Note
College Index
Company Index
Advisory Board
Behind the News
Future Shock
On the Hill
The Changing Chaplaincy
Stop, Thief!
Chief Business Officers Speak Out
Independent Outlook
Internet Technology
What's New
End Note

University Business - October 2008