NAICU - College Officials Welcome Obama's Focus on Higher-Education Costs, but Raise Some Concerns

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College Officials Welcome Obama's Focus on Higher-Education Costs, but Raise Some Concerns

Chronicle of Higher Education

January 30, 2012

In the budget President Obama will release next month, the administration will ask Congress to change the criteria under which funds from three federal aid programs known as "campus-based aid" are awarded. Details on the new formula are still being refined, but a document released by the White House on Friday said it would reward institutions that admit and graduate a relatively higher proportion of low-income students, demonstrate that their students complete college and find employment, and set "responsible tuition" policies.

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