Funding Students, Threatening Liberal Education

Last year, as Washington State faced a severe budget crisis, legislators embraced a novel way to fund student financial aid: a public-private partnership between the state and private corporations. Called the Opportunity Scholarship Fund, the fund attracts private donations and matches them with public money in order to support students in science, technology, and other “high demand” fields.
As Inside Higher Ed reporter Paul Fain wrote, “the thinking in Washington was that if corporations had more direct control of how their donations were used, they might be more inclined to give. “ This is exactly right -- Boeing and Microsoft quickly pledged $50 million -- but the creation of the fund must be placed in the broader context of state defunding of public higher education.