Lots of talk and lots of unanswered questions on Obama's education plan

Thursday, August 29, 2013

Top White House officials stressed higher education as the ticket to a middle-class lifestyle during a briefing Tuesday with Hispanic media, but provided few concrete examples of how President Barack Obama’s new college affordability plan will work.

The broad outline is this: The administration will base how much federal financial aid colleges get on a ratings system they plan to develop in the next couple of years; they’d like to encourage innovation (read: expanded online classes) to make higher education more accessible; and they’d like to set student loan repayment plans on how much graduates earn, and offer more student loan guidance to families.

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