President Obama's speech last week on college affordability offered a reform package that amounted to a carrot and a stick and a magnifying glass. He proposed creating a $1 billion fund to invest in colleges that showed progress toward cost control.
That's the carrot. He proposed tying federal aid to improvements in affordability. That's the stick. And he proposed a "shopping sheet" that would help students and their families see more clearly the true costs and benefits of attending a certain school. That's the magnifying glass. More »^ Less
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