Obama to High-Priced Universities: 'You're on Notice'

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Yeah, price fixing the institutions after you've inflated the market with debt dollars making us incapable of paying our own way is how you'll help. How about you go after the banks that are approving loans, and chopping it up in the derivitives markets, then they turn around, and short on it, just like the housing debt. This is what the elites give you, when they convince you to spend the future on the best intentions. Security, education, healthcare, houseing, is all leveraged against a weakening currency, and people. Apointed IMF banker coming to power near you soon.

Blaine of KS 2:48AM February 10, 2012

many do not realize that ALL colleges and universities take federal funding...either through grants or funding that the institutions promise will go to offset student costs. But the students do not receive it...AND yes, the private universities should be put on notice...you can't keep raising tuition costs each year just because you can...what will happen is that the aristocrats will only be able to attend those universities and diversity will no longer exist at those institutions...it will be a private CLUB and access will be severely limited for the 99%

real of CA 7:10PM February 09, 2012

This is so very important! My children are drowning under student loan debt and costs keep escalating...we can't subsidize their educational pursuits AND pay for all of us to live!

Real of CA 7:04PM February 09, 2012

Public college like the Univ. of california, Michigan, texas, florida, etc. is mostly paid with tax-money on public land.
States need to pass a law for All public colleges to post all material, labs, lectures Free Free Free on internet.
All tax-payers with the tax-money can benefit...All paid for with tax-money

Jose Sanchez of TX 12:25PM February 08, 2012

April 19 2011
Over the weekend, an announcement was made that the University of Texas endowment fund had decided to take delivery of $1 billion worth of gold. This was an absolutely huge development on multiple fronts.
First, the UT endowment fund’s gold purchase was a radical deviation from the standard institutional portfolio, the possibility of which we have considered for some time. Since UT has about $20 billion in assets, a $1 billion gold allocation would indicate 5% of its assets in gold. The standard institutional allocation to gold is 1%; a 5% allocation is a huge increase. If (or in our opinion, when) other institutions adopt a similar stance, the price of gold will skyrocket.

Philip Ward of IL 5:18AM January 30, 2012

No child left behind policy has left schools forced to teach to mandated tests which bear little resemblance to the real world. It makes it impossible to teach students on their abilities;it forces schools on a schedule that may not be appropriate to the learning levels of the students. It has not worked. Our schools are worse now than they were 10 years ago.
If a campus chooses to charge astonomical tuition, than do not go there if you cannot afford it. There are affordable state schools all over the country that are always taking students. This is not the government's job.

Jen K of NY 8:28AM January 29, 2012

@ Paul Kastner: America can not keep up with other countries in education and we are going to cut... Just more STUPID socialism. People who want this are draging America down. Socialism does not work, never will!
________________
You probably never noticed that those 'other countries' we can't keep up with... ARE SOCIALIST NATIONS!
You should start noticing that instead of constantly whining about it.

Bgolds of TX 10:41PM January 28, 2012

Every one of you who calls Obama a socialist...you're sadly misinformed. Seriously, it's this kind of willful stupidity that makes me dislike my fellow countrymen. Ultra partinsinship is getting old fast. Give it a rest.

DJ of MN 4:08PM January 28, 2012

Why should we "punish" expensive universities? If the government doesn't want to "keep subsidizing skyrocketing tuition", then don't. Set a limit on how much aid students can receive. If a student applies for aid and their tuition is $20,000 per semester, tell them to find a cheaper university.
I only support this if the universities are directly receiving government funding, which raises another question. Why is the government funding private universities? Government money should go to public universities and private universities should be able to take care of themselves.

Kyle of UT 11:48AM January 28, 2012

All of those ideas sound great to me, especially the college scorecard proposal.
When I was in high school the average tuition for in-state school was somewhere around 5k/year. Now it is over 12k/year - the price more than doubled in a little over a decade.
For-profit institutions that are at the core in our country's future in a fiercely competitive capitalist society have been a disaster - health care and education mainly; especially considering that both of those specific institutions are being federally subsidized to the tune of many billions a year.
Kudos to Obama for addressing these issues. Leave it to the right to demonize wanting college to be more accessible - they view college as a liberal indoctrination camp, probably because they are not smart and were never popular - which is sad because the big picture is much more important than some partisan hacks' insecurity issues.
Obama 2012 - so this country can actually move forwards and not backwards.

Mike of KY 4:05PM January 27, 2012