Governor Steve Beshear's proposal to cut Kentucky's merit-based KEES college scholarship program and maintain spending for need-based aid is probably going to be a disaster.
Just as the legislature is considering a measure to lower the GPA to renew KEES scholarships, the proper cost-saving move would be to increase standards for getting the awards. Instead, Beshear will probably cut all awards the same amount in the name of "fairness."
Doing this and in effect raising the proportion of aid that is award exclusively on the basis of not having enough money to pay for college is a sure way to exacerbate the inflation problem.
Nice job, Steve. What's next? (Oh yeah, public employee benefits...)