Richard K Vedder, Columnist

Princeton Reaps Tax Breaks as State Colleges Beg

March 18, 2012 at 11:00 PM UTC

Richard Vedder, an economist, directs the Center for College Affordability and Productivity and teaches at Ohio University. He is an adjunct scholar at the American Enterprise Institute.

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Princeton University and the College of New Jersey are schools of roughly the same size located just 12 miles apart, but they could be on different planets.

The world knows Princeton to be a very elite private school, while if anyone thinks of the College of New Jersey at all, it is as the former Trenton State College, a public institution serving a far less upscale population, with a much larger proportion of students receiving some federal or state government aid.