Obama Proposes Linking Federal Aid to New College Ranking

[eridani]

Colleges producing too many musicians or social workers are obvious failures

http://www.bloomberg.com/news/2013-08-22/obama-said-to-propose-tying-college-aid-to-school-ranking.html

President Barack Obama called for tying federal financial aid to a new U.S. government rating of college costs and performance, saying spiraling tuition bills are pricing many U.S. families out of higher education.

The plan would rank similar colleges against their peers, and students who go to highly rated schools would get more aid than those lower in the pecking order. The criteria would include tuition, student debt, graduation rates and earnings of students once they leave school.

[mbperrin]

1. Well, who needs an education, anyway, except those already making the most money?

I wonder why we think a trillion dollars is student loans cumulative since the dawn of time is a big number. Every war we get in costs multiples of that.

If we'd quit shooting up foreign countries, we could forgive all student debt and provide every high school graduate with 4 years of college at no cost to them, and without spending a dime extra overall at the federal level - in face, education is so much cheaper than war that we could balance the budget.

I know, I know, the "right" people don't make the money that way. The drinkers of blood must have their fantastic profits from killing young American soldiers, and old and young foreign nationals.