Friday, August 23, 2013

Obama Proposal to Promote Higher Education

Barack Obama during his speech at the University of Buffalo, New York

U.S. President Barack Obama said Thursday an ambitious proposal to promote access to higher education and try to reduce the cost of college tuition , the unrelenting growth-and with it, the student debt-have led to what many have called a bubble education. The initiative includes a revolution evaluation system of universities, in which the classification made ​​by the campus administration (a kind of ranking ) is based on the cost of tuition, the academic success of students, refinancing college debt, the economic situation of students or technology innovation in teaching.

The interest of U.S. college credit will not double
Law Graduates suing their universities for not finding a job
The new criteria, which will begin to apply in 2015, trying to regulate prices through demand, that is, students and families to choose college based on value, forcing many institutions to adjust their rates, addition, the White House hopes that in 2018 federal funds are allocated according to each university level scope in that classification, but for this you need the authorization of Congress.

The plan, within the White House strategy to relaunch their social and economic issues, seeking to attract the support of younger voters, whose support in the polls has fallen in recent months. But beyond regain the initiative in the political arena, the new project highlights the threat that bubble university for the U.S. economy, where student loan debt has reached one trillion dollars (about 780,000 million euros).

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.