The federal government happily subsidizes inferior state colleges that graduate few if any of their students. That includes Chicago State University, which has a 12.8 percent six-year graduation rate. The Obama administration has rewritten federal student loan rules in a way that encourages colleges to raise tuition and effectively subsidizes the worst colleges the most. The Federal Reserve Bank of […]
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The Obama administration – along with many in the opinion elite – is looking to the nation’s two-year community colleges as the primary vehicle to ramp up future Americans’ level of post-secondary educational attainment. A down payment in this direction are the billions of dollars of direct and indirect community college aid included in the […]
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