Tag: Obama cost control plan

Obama Plan To Lower Cost Of Higher Education May Not Work

POSTSECONDARY ACCESS SUCCESS

Devil’s in the details of Obama plan to punish pricey
universities

By Jon Marcus, The Hechinger
Report

When Southern Illinois University at Edwardsville raised its price by 59
percent, it landed directly in the crosshairs of the Obama administration.
Under a plan proposed by President Barack Obama in his state-of-the-union
address in January, universities and colleges like SIUE that increase what they
charge students at the fastest rates would forfeit their eligibility for some
federal financial-aid money. “Let me put colleges and universities on notice,”
the president said. “If you can’t stop tuition from going up, the funding you
get from taxpayers will go down.”