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PG$13k: Obama proposes college ‘ratings system’

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By Doug Powers  •  August 22, 2013 01:55 PM

**Written by Doug Powers

Will the person chosen to “rank” the schools be Lois Lerner? Taxpayers are still giving her a paycheck and she doesn’t have anything else to do at the moment thanks to the fallout from that phony scandal.

From the Wall Street Journal:

President Barack Obama on Thursday will announce proposals aimed at combating rising college costs by creating a new ratings system and eventually tying federal student aid to institutions’ performance.

The president will call for rating colleges before the 2015 school year on measures such as affordability and outcomes, including graduation and transfer rates.

Once that system is in place, Mr. Obama will ask Congress to allocate financial aid based on those ratings by 2018. Students at top-performing colleges could receive larger federal grants and more affordable student loans. The plan is expected to spur pushback from some colleges.

Sure, let’s have an entity that spends a trillion dollars a year more than it takes in and has trashed the economy rank others on affordability and outcome. The new ratings system will be like the BCS except without the C.

Rhetorical question of the week: Will the new affordability ratings system warn potential students to stay clear of schools that have paid profs like Elizabeth Warren solid six-figure salaries per year to teach one class?

Update: Today, Obama referred to higher education as an “economic imperative” — which is of course one step away from being a “right.”

**Written by Doug Powers

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Categories: Barack Obama, Health care, New York Times, Paul Krugman