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Some good colleges still keep tuition low. Give their students higher Pell Grants

President-elect Joe Biden’s higher-education agenda is ambitious. When elements of his plan come before Congress, they will inevitably run into competition from other needs: covid-19 stimulus, infrastructure spending, health care and much more.

So here’s a scaled-down proposal — one that could make higher education more affordable to students, strengthen a particularly admirable group of colleges and reduce future student debt.

In this era of $70,000 prices for tuition, room and board at elite colleges, the United States still has an array of colleges that cost much, much less. There are very-low-cost colleges where a student can get a degree for an eighth the price of an Ivy League college. Many are excellent.

An example is the City University of New York, CUNY. Its 11 four-year campuses still charge tuition just under $7,000 per year, plus a few hundred dollars in fees. This is an amazing bargain, and in 2017 a study led by economics professor Raj Chetty, then at Stanford, found that six CUNY campuses were among the top 10 colleges nationwide in moving students higher in lifetime income.

Read the article here