So, This Obama Plan, Then (Part 2)
To recap yesterday’s blog: President Obama has a plan to make colleges reduce their costs, and deliver better value for money. It involves having the government rate institutions on Accessibility, Affordability, and Outcomes; those which rate poorly risk losing eligibility for various forms of federal student aid (which, in total, is up around $150 billion/year these days). While there’s no question that college costs do need to be reined in, this particular solution strikes me as odd. Here’s what you