WASHINGTON (AP) — Access to college has been the driving force in federal higher education policy for decades. But the Obama administration is pushing a fundamental agenda shift that aggressively brings a new question into the debate: What are people getting for their money?
Students with loans are graduating on average with more than $25,000 in debt. The federal government pours $140 billion annually into federal grants and loans. Unemployment remains high, yet there are projected shortages in many industries with some high-tech companies already complaining about a lack of highly trained workers.
You all should already know my thoughts on education. It pisses me off, at every level. But addressing the cost, the fail-rate, the reasons for why people drop out, the percentage of people who successfully pay off their debts, is the first step in correcting the United States atrocious education system.