Obama Proposes to Link U.S. College Aid to Affordability
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Saying “we just can’t keep on subsidizing skyrocketing tuition,” President Barack Obama proposed to have the government, for the first time, link federal aid to a college’s ability to control tuition costs and maintain education quality.
“We are putting colleges on notice -- you can’t assume that you’ll just jack up tuition every single year,” Obama said today at the University of Michigan in Ann Arbor. “If you can’t stop tuition from going up, then the funding you get from taxpayers every year will go down.”