Proposed Indiana law could unlock millions in college financial aid

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8 thoughts on “Proposed Indiana law could unlock millions in college financial aid

  1. “The reality is, unfortunately, our participation rate in Indiana continues to decline,” – Ahhh yeah duh. It’s DECLINING because colleges are completely over priced and everyone knows it. You’re going into debt to get the education and then an average job. Only a handful of degrees are actually worth it once you get into the job market.

    1. Higher-ed in Indiana is very inexpensive compared to both the cost of in-tuition in other states and the return on investment.

      By going to Ivy Tech for two years followed by a state university for two years, tuition costs ~30k. That is much less than one year’s salary of any serious job requiring a bachelor’s degree. What gets expensive is when people go out of state, go to a private school, or even move across the state unnecessarily when they had the option of staying at home. There is an Ivy Tech and a state university within commuting distance of most Hoosiers.

      What we need to do stop is romanticizing the stereotypical college experience, because that’s what gets expensive. The reality is that undergraduate education is pretty streamlined across the country, and going to school A vs school B for undergraduate education won’t make a difference unless one of the schools is Harvard (or in Indiana’s case, Notre Dame).

    2. The rate is also declining because the cuts to higher education made in 2008 and 2009 were never restored. So colleges adapted and reduced the number of in-state students and increased the number of out-of state and international students they take.

      Purdue had a record class this fall with more than 10000 freshmen. They took 200 more Indiana students than the year before … and 1000 more out of state students than the year before.

      https://www.purdue.edu/newsroom/releases/2021/Q2/purdue-to-welcome-largest-ever-incoming-class-this-fall.html

  2. I thought Hoosiers were against mandates. I am a conservative but I don’t get it. Why would the legislature make this a requirement? Talk about lunacy … As we need to address our educational system in Indiana did politicians ever consider that they might be part of the problem, and not the solution. I have concluded that we have too many laws as it is, many of which are not enforced or are even enforceable. If this trend continues, Indiana will sink to the bottom of the barrel in terms of educational attainment. It is so easy to be an armchair quarterback …

  3. The article says that Louisiana was the first state to adopt a mandate and they have the highest completion rate in the country. That seems like a good thing for Louisiana. I don’t have any inside info, but, since Louisiana’s nation-leading rate is still only 78%, it sounds like a soft mandate.

    In other words, if Indiana replicates what Louisiana is doing, it seems like there could be a lot of benefit for young Hoosiers without anyone actually being forced to do anything.

    1. If only about 62% of Indiana students go to college after High School, isn’t this creating a lot of extra work that will benefit only a small percentage of new people it impacts? Reduce regulation and increase marketing.

  4. REQUIRING a financial aid application for everyone means requiring everyone to disclose financial information. That is, of course, required for tax returns. But it is NOT the business of any other department – state or federal .

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