How can the state of Maryland resolve college affordability? It can establish a higher education trust fund. The trust fund would be dedicated to giving out much-needed funding to the University System of Maryland so it would not need to rely on tuition costs. It should also apply to room and board and other fees you or your parents are paying every semester. It would be similar to the Social Security trust fund, but the difference is this trust fund will be separate from the general budget and will pay out interest. No one in the Maryland government would touch it, because it goes exclusively to the universities.
The trust fund would, for all intents and purposes, allow free higher education to all students, undergraduate or graduate, admitted to any school that's part of the system. The fund would also give out monthly living expense grants of about $4,000 per semester to all students, unless they have jobs that pay the average yearly salary of a Maryland worker.
Now the question is will O'Malley and the General Assembly take this idea and make it into law?
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