President Obama tries to pressure colleges into taming their wildly soaring tuition costs. Good luck with that, say dismissive critics, The
Week reports. In his State of the Union address in January, President Obama put colleges and universities on notice: “If you can’t stop tuition from going up, the funding you get from taxpayers will go down.” College “can’t be a luxury,” he added, and affordable tuition is “an economic imperative” for families and the nation alike. Obama has since backed up his words with proposals, including “scorecards” that would let students better compare schools’ costs and value, and continued threats to shift federal dollars away from schools that don’t control costs. Should pricey schools really be punished?
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