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Student Governments

If you were contacted by the NTE team, download the endorsement.
If you were not contacted by the NTE team, please fill in the Student Government Contact Form.

Founding a National Tuition Endowment: We are asking that student governments from 3,300 postsecondary institutions in America join together to lobby Congress to pass the National Tuition Endowment Act of 2006.

Who are we? Student leaders of the Columbia University Senate Student Affairs Committee and the Teachers College Student Senate are inviting every student government in America's postsecondary education system to endorse the founding of the National Tuition Endowment. Together, we will represent approximately 15 million students attending more than 3,300 public and private nonprofit colleges and universities. Download the endorsement.

About the nation's tuition crisis: In the past 15 years, tuition and fee increases have outpaced both inflation and growth in the median family income. This impacts students enrolled in all types of postsecondary institutions. Millions of students have fallen into severe debt as a result of the significant rise in the nation's tuition and institutional fees; the drastic decrease in federal, state, and private grants/scholarships; and the rise of student loans from guaranteed (for-profit) lenders. Read more about the tuition crisis.

Where does the money come from? There are seven pillars of income that will be used to establish the National Tuition Endowment. These pillars are divided into two major sections: revenue and savings.

 Table 1. Funding the National Tuition Endowment

 Revenue

Pillar I +
Interest from student and parent loans

Pillar II +
Income from loan consolidations

 Savings

Pillar III +
Refinance bond rates that are currently fixed at 9.5%

Pillar IV +
Remove "tax-exempt" bonds for private banks

Pillar V +
Eliminate interest charges from U.S. Treasury to Department of Education

Pillar VI +
Eliminate government default subsidies to private banks

Pillar VII +
Remove subsidies to
"watchdog" agencies


  Revenue:
      1. Use the income from the interest generated by all student and parent loans.
      2. Use the income generated by federal loan consolidation.

  Savings:
      3. Increase savings by refinancing the bonds rates for federal student loans.
      4. Increase savings by discontinuing "tax-exempt" bonds for private banks.
      5. Increase savings by removing the U.S. Treasury's tax on the Department of
          Education's loan programs.
      6. Increase savings by no longer providing public subsidies for student defaults
          on guaranteed loan programs.
      7. Increase savings by eliminating federal subsidies to "watch dog" agencies
          that make sure guaranteed lenders get students to pay their default loans.


Read more about the seven pillars of income.



The appearance of this website does not reflect an endorsement of the National Tuition Endowment Act by Columbia University or the Columbia University Senate.
The Columbia University Senate is hosting this Web site as a courtesy to the student members on the Student Affairs Committee.

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