Top US Official Says Cooperation Needed To Make College Affordable

Ann McClure's picture
Friday, October 5, 2012

The push to make higher education more affordable will require a collective effort from federal and state governments, colleges, and students and their families, a top US education official said Wednesday.

“We see it as a shared partnership,” Undersecretary of Education Martha Kanter told students, faculty, and state higher education leaders during a town hall forum at the University of Massachusetts Boston.

Kanter outlined steps taken by the Obama administration, including ending federal student loan subsidies for banks; offering more grants, tax credits, income-based repayment and loan forgiveness; trying to simplify the application process; keeping student loan interest rates from doubling; and providing more transparency and education about college costs.

“We hope to continue this work no matter what party is in office,” said Kanter, a Cambridge native.

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