Tuition

With much fanfare, President Obama today announced a new set of proposals to rein in the cost of higher education, the most eye-catching of which is the creation of a ranking—based on metrics such as affordability, graduation rates, and recruitment of low-income students—that would be used in apportioning federal aid to colleges and universities. Some of the proposals can be carried out by administrative fiat, but others would require congressional action.

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College costs are rising. Why won’t anyone stop them?

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