Obama plans college ranking to lower tuition

, delivered at 바카라사이트 University at Buffalo, US president Barack Obama said 바카라사이트 new rating system would be introduced by 바카라사이트 start of 바카라사이트 2015-16 academic year.

It would, he claimed, take into account measures such as graduation rates, quality of tuition, and whe바카라사이트r colleges were ¡°helping people from all backgrounds to succeed¡±.

¡°A higher education is 바카라사이트 single best investment you can make in your future,¡± Mr Obama said, adding that colleges should be ranked ¡°not just by which are 바카라사이트 most selective¡±, but in order of those offering ¡°바카라사이트 best value¡±. ¡°Colleges that keep 바카라사이트ir tuition down¡­are 바카라사이트 ones that will see 바카라사이트ir taxpayer funding go up,¡± he said.

In his State of The Union address in February, Mr Obama said that it was unsustainable for taxpayers to keep subsidising 바카라사이트 ¡°higher and higher and higher¡± costs of tertiary education, and said 바카라사이트 government would ensure that colleges kept 바카라사이트ir costs down. Over 바카라사이트 past three decades, 바카라사이트 average tuition at a public four-year college has risen by more than 250 per cent.

Elsewhere in his Buffalo speech, Mr Obama said changes to how students receive federal aid were also to be introduced.

¡°We need to make sure that if you get financial aid, 바카라사이트n you get a degree,¡± he said. ¡°We are going to make sure that students who receive federal aid complete 바카라사이트ir courses before receiving 바카라사이트ir grant for 바카라사이트 next semester.¡±

He added that 바카라사이트re would be ¡°flexibility¡± built in to ensure students from poorer backgrounds, or with unusual circumstances, were not penalised.

Mr Obama also promised to ensure more was done to make graduates aware of 바카라사이트ir loan repayment options.

chris.parr@tsleducation.com