At Tuesday’s State of the Union (SOTU) address, President Barack Obama discussed the importance of education at all levels and after putting emphasis on early education and job training for high schoolers, he asked colleges and universities to work to make higher education more affordable for students.
“Through tax credits, grants, and better loans, we have made college more affordable for millions of students and families over the last few years,” Obama said. “But taxpayers cannot continue to subsidize the soaring cost of higher education. Colleges must do their part to keep costs down, and it’s our job to make sure they do.”
Obama also stressed the importance of higher ed institutions having affordability and value by asking Congress to include those traits in the Higher Education Act, which determines which colleges and universities receive federal aid.
“My administration will release a new ‘College Scorecard’ that parents and students can use to compare schools based on a simple criteria: where you can get the most bang for your educational buck,” he added.