Education and the Government Role
In the August 19, 2012, edition of my home town paper The Washington Post, the Opinion page featured a column by James C. Roumell, founder of Roumell Asset Management, LLC, titled “What I built with government help.”In his column, Roumell described growing up in a working class family in Detroit with a single mother who supported them with a unionized job with decent pay made possible by the National Labor Relations Act of 1935. Roumell subsequently went to college with the help of Pell Grants and government loans made possible by the Higher Education Act of 1965. His now successful business was made possible by the Investment Company Act of 1940 and the Investment Advisers Act of 1940.
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