Dr. Richard Vedder, Distinguished Professor Emeritus of Economics at Ohio University, was quoted in a Stateline story headlined “Some States Move Toward Financial Aid Based on Need Rather Than Merit.”
While lawmakers can make a strong case for prioritizing equity in financial aid spending, there’s also a strong counterargument for rewarding academic quality, said Richard Vedder, an emeritus professor of economics at Ohio University. It depends on whether state lawmakers view colleges as places that should be open to everyone, regardless of their academic background.
“It’s one of those issues where I don’t know if it’s possible to decide what’s right or wrong,” he said.
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