Obama continued on his college campus tour today speaking at BGSU. It's a safe crowd for a liberal ("If you're 20 and not liberal, you have no heart. If you're 40 and not conservative, you have no brain." Winston Churchill). One of the mantras he espouses to the college kids is that he is going to find a way to pay off their student loans.
So Obama is proposing that you and I will be paying not once, not twice, but three times toward a student's college education. How's that?
First, if you pay taxes in Ohio, you are already subsidizing the students who attend a state-funded school (e.g. UT, BGSU, OSU, etc.). Let's review how that money is being used to operate a university by looking at the salaries of some UT administrators:
Jeffrey Gold, Chancellor $462,457
Lloyd Jacobs, President $392,700
Scott Scarborough, Provost $389,000
Larry Burns, Vice President for External Affairs $212,395
Chuck Lehnert, Vice President of Administration $225,000
David Dabney, Chief Financial Officer $215,540