President wants to tie accreditation to college costs

Source: USA Today Posted By: Nellie D...4107 days ago

President Obama renewed his call during his State of the Union Address Tuesday night for colleges to put a lid on spiraling tuition, but he raised the stakes, proposing that colleges that don't take steps to keep costs down risk losing access to billions of dollars in federal student aid.

The White House raised the possibility of a way for newer, cheaper models of higher education to become eligible for federal student aid, a change that could dramatically affect how higher education is defined....

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