President Barack Obama delivers remarks at the University at Buffalo, the State University of New York, during the college affordability bus tour in Buffalo, N.Y., Aug. 22, 2013.
(Official White House Photo by Pete Souza)
Yesterday, as part of his plan to deliver a better bargain for the middle class, President Obama kicked off a two-day bus tour across New York and Pennsylvania in which he announced an ambitious agenda to tackle rising college costs, make college more affordable, and improve value for students and families.
In his first stop at the University at Buffalo, the President laid out the three key steps that we need to take to ensure that college remains affordable and a viable ladder of economic opportunity for the middle class and those working to get there. First, connect financial aid to school performance, second support academic innovation and finally, keep the cost of higher education within the reach of all young Americans.
Here is a small sample of the coverage that the President’s plan has received across the country:
AL – The Birmingham News (Underwood): New Obama college affordability plan would tie federal aid to the school’s educational value — A new plan being proposed by President Barack Obama Thursday would rate the educational value of colleges and tie their value to federal aid offered to students, essentially paying colleges for better performance, the White House revealed Thursday. The plan would address rising college tuition costs have increased over 250 percent in the past three decades. Under the proposal, borrowers would be allowed to cap their student loan payments at 10 percent of their monthly income. The college rating system would tie aid to the college’s affordability, the number of students on Pell grants, and the college’s ability to produce outcomes, such as graduates with degrees, earnings of graduates, and other factors. LINK
Fonte: White House