Tuesday, November 24, 2009

Education

Maryland Raises $80,000 to Help Students Stay

March 27, 2009 05:47 PM ET | Alison Go | Permanent Link | Print

The University of Maryland has raised $80,000 for students who need aid to stay in school, the student newspaper, the Diamondback, reports. The Keep Me Maryland campaign started last month in response to the increasing number of students requesting financial aid, and the money raised will go specifically to returning students. This campaign is part of a larger initiative to raise $350 million toward scholarship funds and $1 billion overall by 2011.

Already the financial aid office has seen a 37 percent increase in the number of requests, and it expects $3 million worth of requests this year. Last year, the school was able to fund only $500,000 of such requests.

Tags: colleges | students | activism | University of Maryland

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Reader Comments

Barriers to Entry

You mean, wouldn't it be better if we kept children from poor families or those without a credit history from getting education? Does this include orphans?

The opportunity cost to society would be much greater for numerous reasons.

I think the question should be why is it that education costs so much? I am a graduate of the Smith School of Business at UMD (which I love), but one has to ask - do we really need plasma screen TVs in our hallways?

Besides, this is a public university, and therefore should be serving the interests of the public, in its entirety.

This perhaps raises a question

Shouldn't ALL financial aid for college be focused on "returning" students --- that is second-year and beyond (including graduate)?

Wouldn't we have better colleges and better college students if all freshmen were expected to go in with some earned money, family money or LOANS only to complete the first year?

THEN, with (and only with) a GPA of 2.5 or better would come grants and aid to continue?

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