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Obama Takes On High Cost of College Again

Source : Wall Street Journal
Sept 02, 2013

Barack Obama is testing an interesting proposition: Can the U.S. president cajole or shame a huge American industry into changing its ways?

 

Mr. Obama embarks Thursday on a bus tour of schools in upstate New York and Pennsylvania to highlight what he calls "a personal mission to make higher education more affordable." Higher ed is one of his preoccupations. He talked about it in the State of the Union address. He talked about it at Knox College when he set out his latest bolster-the-middle-class agenda.

 

He doesn't think taxpayers can keep pumping more money into student aid to chase (and possibly fuel) tuition tabs rising faster than almost anything besides health care. After all, the number of undergraduates getting federal grants, loans or tax breaks already has doubled over the past decade; the taxpayers' tab has tripled, adjusted for inflation. Something has to give.


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