By Scott Jaschik
President Obama vowed Wednesday that he would soon unveil a plan to promote significant reform in higher education — with an emphasis on controlling what colleges charge students and families.
“[I]n the coming months, I will lay out an aggressive strategy to shake up the system, tackle rising costs, and improve value for middle-class students and their families. It is critical that we make sure that college is affordable for every single American who’s willing to work for it,” said Obama, in a speech at Knox College.
The overall topic of his address was the economy, with a focus on the middle class. But in a brief section of the speech, the president spoke forcefully about higher education and the need to consider new ways of doing business. The president noted his administration’s previous efforts to increase student aid funds and to solve the current dispute over interest rates on student loans, but he said such efforts were inadequate.
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