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Quote by Charles M. Vest

“Given the best of all possible worlds, I would make a few changes. I would place emphasis on increasing the amount of funding that goes into programs like Pell Grants, that purely and simply award funds to students who really cannot afford full tuition.”

Quote by Charles M. Vest

Author

Charles M. Vest

Charles M. Vest was a prominent figure in the fields of science, engineering, and education. During his tenure as the 16th president of the Massachusetts Institute of Technology, he advanced the institution's research and academic endeavors. Professor Vest made significant contributions to physics, particularly in materials science and nanotechnology. more

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“I believe that our office has clearly been the leader in building coalitions, in getting other universities across the contrary to interact more effectively with the government and particularly the Congress.”

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“I would also certainly continue to keep loan repayment interest rates as low as possible. And I would spread the financial aid a little less thinly across all income brackets.”

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“Literally from the moment I came in the door of MIT, it was very clear that a highly productive 40-year partnership between U.S. research universities and the federal government was badly eroding.”

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Author:Charles M. Vest

“Nonetheless, the research budgets of the Department of Defense are under enormous stress-and they are extremely important because they support more than 40 percent of all federal funding for engineering schools across the country. So the threat was and is real.”

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“On the other hand, it is not fair to say that changes in federal policy have caused our tuition to rise faster. Every economic argument imaginable would indicate that we should raise tuition at a faster rate than we do.”

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“Our goal has been to more effectively promote the value of publicly-supported research at our universities, both to the Congress and to the general public.”

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Author:Charles M. Vest

“The term 'cost shifting,' as I use it, refers to those items in a university's budget that used to be reimbursed by the federal government but are no longer paid for by them.”

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“We have been restraining the growth of the cost of education-that is, tuition, room and board-to be within approximately one and a half percentage points of the consumer price index.”

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“Obviously, our children, who have been playing with their computers since the age of five or six, don't have quite the same brain as those who were brought up on wooden or metal toys, whose brains are certainly atrophied by comparison.”

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“To live forever should not be an obligation. In fact, eternal life should only be for those who wish for it, because if we are depressed and unhappy with our lives, just the idea of living forever is an unbearable source of suffering.”

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