One of my favorite phrases when teaching educational policy is “the devil is in the details” (I once wrote an article that used that phrase as the title – it’s chapter 2 of this report). Politicians and policymakers will often issue grand policy proposals that address issues from an altitude of 35,000 feet, and until the details of the new policy are fleshed out it is difficult to determine what the impact will be at ground level.
This is very much the case with President Obama’s announcement last week of a new set of proposals to address the issue of the rising price of college and how Americans pay for it. As I described in my post last week, the president articulated a series of proposals that are very broad in scope and for the most part will require Congressional action in order to implement them. Thus, it is difficult at this point to determine with any degree of certainty what impact the proposals will have on colleges, universities, and students, but I will do my best to analyze them from the information the White House has provided.
This week President Obama outlined a new series of proposals to help Americans deal with the rising price of college. Addressing college costs has been a priority of the president’s from early on in his first term, but this is probably the most comprehensive set of proposals that have been released at one time. He described them on a two-day, two-state bus tour of college campuses.
There is a lot packaged in the president’s proposals, and in the next couple of blog posts I will provide analysis of some of the key pieces. The proposals fall under three main topics:
Provide incentives for both higher education institutions and students to link financial aid to performance;
Encourage innovation on the part of colleges and universities to come up with new pathways toward less expensive degrees and provide better information to students and parents; and
Make loan debt more manageable for those who borrowed to pay for college.