Thompson/Lieberman Announce Hearing on Cost of Higher Education

(Washington, DC) – Senate Governmental Affairs Committee Chairman Fred Thompson (R-TN) and Ranking Member Senator Joseph Lieberman (D-CT) today announced that the full committee will hold an oversight hearing on the rising cost of college tuition and the effects of the federal government?s student financial aid programs.

The Rising Cost of College Tuition and
the Effectiveness of Government Financial Aid

Wednesday, February 9, 2000 at 9:30am
and Thursday, February 10, 2000 at 10:00am

342 Dirksen Senate Office Building

Tuition generally does not cover the full cost of students? education as illustrated in a recent report by the National Commission on the Cost of Higher Education. The report found that all students receive a subsidy, whether it is in the form of alumni contributions or other financial aid.

The full Committee hearing will focus on three questions: (1) Why do colleges charge so much for tuition? (2) Does our student aid system contribute to or mitigate rising costs? and (3) What is the impact of the student debt burden?

WITNESS PANEL ONE (Wednesday, February 9, 2000)

David W. Breneman, University of Virginia, Dean, Curry School of Education, Charlottesville, VA

Professor Caroline Minter Hoxby, Department of Economics, Harvard University, Cambridge, MA

William F. Massy, President, Jackson Hole Higher Education Group, Inc., Jackson, WY

William E. Troutt, President, Rhodes College, Memphis, TN and Chairman, National Commission on the Cost of Higher Education


Claire Lynn Gaudiani, President, Connecticut College, New London, CT (Wed., February 9, 2000)

Michael S. McPherson, President, Macalester College, St. Paul, MN (Thursday, February 10, 2000)

Lawrence E. Gladieux, Executive Director for Policy Analysis, The College Board, Washington, DC

(Thursday, February 10, 2000)

WITNESS PANEL THREE (Thursday, February 10, 2000)

Jerry S. Davis, Vice President for Research, USA Group Foundation, Indianapolis, IN

Patricia Somers, Associate Professor of Higher Education, University of Missouri – St. Louis, MO

Mark Kantrowitz, Publisher, FinAid Page, L.L.C., Pittsburgh, PA

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