Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Barack Obama
Related: About this forumPresident Obama’s Plan Aims to Lower Cost of College
This is posted in BOG Grouphttp://www.nytimes.com/2013/08/22/education/obamas-plan-aims-to-lower-cost-of-college.html?pagewanted=all
NY Time obtained a draft of the proposal - which is causing agita amongst colleges. The plan is to rate universities/colleges before the 2015 school year on specific measures as follows:
Tuition
Graduation rates
Debt (student loans)
Earnings of graduates
Percentage of lower-income students who attend
These ratings then get ranked against peer institutions with the intent of basing Federal Financial Aid to students attending these colleges partly on the college's rank.
Subject to Congressional Approval of course . . .
All the things were measuring are important for students choosing a college, a senior administration official said. Its important to us that colleges offer good value for their tuition dollars, and that higher education offer families a degree of security so students arent left with debt they cant pay back.
Mr. Obama hopes that starting in 2018, the ratings would be tied to financial aid, so that students at highly rated colleges might get larger federal grants and more affordable loans. But that would require new legislation.
I think there is bipartisan support for some of these ideas, as weve seen in states where the governors have been working on them, said the administration official, who spoke on condition of anonymity in order to disclose information not yet made public.
Ohio, Tennessee and Indiana have made moves toward linking aid to educational outcomes. But in the divisive Congressional atmosphere, it is not clear how much backing there would be for such proposals.
Mr. Obama hopes that starting in 2018, the ratings would be tied to financial aid, so that students at highly rated colleges might get larger federal grants and more affordable loans. But that would require new legislation.
I think there is bipartisan support for some of these ideas, as weve seen in states where the governors have been working on them, said the administration official, who spoke on condition of anonymity in order to disclose information not yet made public.
Ohio, Tennessee and Indiana have made moves toward linking aid to educational outcomes. But in the divisive Congressional atmosphere, it is not clear how much backing there would be for such proposals.
I sat at a college graduation party the last weekend of July - and was saddened (though not shocked) to hear that none of these Kean University graduates were coming out of University with less than 60K in student loans - as a starting point.
I know it relies on Congressional support - but it's a good start to helping those most reliant on financial aid out.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
2 replies, 1513 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (8)
ReplyReply to this post
2 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
President Obama’s Plan Aims to Lower Cost of College (Original Post)
JustAnotherGen
Aug 2013
OP
Cha
(305,447 posts)1. Mahalo, Gen! Bravo to the President's Plan to lower College tuition
and let's hope we get a better Congress in 2014!
BOG
mcar
(43,523 posts)2. My youngest will be graduating hs in 2015
I am all for this. Kudos to PO for addressing this.