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Old 10-30-2012, 05:06 PM   #6
ollinger
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Join Date: Nov 2004
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Their salaries will be going down, or disappearing entirely. Obama outlined in a speech at U of Michigan early this year his plan to modify the Affordability in Higher Education Act. It will require colleges to keep their tuition cost increases below a set level, or they will lose their federal funding, including aid grants. A number of universities and colleges have already elimininated tennis and other sports that produce negative revenue and create expenses for the schools. More will follow in this course when they start to see their federal grants threatened. Sounds a little heavy handed but I give Obama props for this one, as higher education has simply become unaffordable for too many. The growth of competition from online education will also lead colleges to eliminate money losing programs like the minor sports.
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