Obama on Higher Ed Tuition and State Support

In the State of the Union address last night, President Obama called on states to enhance their higher ed budgets and universities to hold down tuition.  Whether the California state legislature is going to heed that request is another matter, of course. The President talked about less federal aid if tuition goes up, although in what form that would come about was not clear.


Video clip below.

“When kids do graduate, the most daunting challenge can be the cost of college.  At a time when Americans owe more in tuition debt than credit card debt, this Congress needs to stop the interest rates on student loans from doubling in July.  Extend the tuition tax credit we started that saves middle-class families thousands of dollars.  And give more young people the chance to earn their way through college by doubling the number of work-study jobs in the next five years.

Of course, it’s not enough for us to increase student aid.  We can’t just keep subsidizing skyrocketing tuition; we’ll run out of money.  States also need to do their part, by making higher education a higher priority in their budgets.  And colleges and universities have to do their part by working to keep costs down.  Recently, I spoke with a group of college presidents who’ve done just that.  Some schools re-design courses to help students finish more quickly.  Some use better technology.  The point is, it’s possible.  So let me put colleges and universities on notice:  If you can’t stop tuition from going up, the funding you get from taxpayers will go down.  Higher education can’t be a luxury – it’s an economic imperative that every family in America should be able to afford.”

UPDATE: Inside Higher Ed has a report on reactions to the statement at:
http://www.insidehighered.com/news/2012/01/26/obama-plan-tie-tuition-prices-aid-eligibility-draws-criticism