In one of my posts on President Obama’s college costs proposals, I described how the president is proposing to link eligibility for federal financial aid to the earnings of the graduates of colleges and universities. The general idea is that only those colleges that produce graduates who earn reasonable salaries should benefit from federal financial aid.
Last week I attended the dedication of the new Theatre School building at DePaul University (shown above), where I am a trustee. The building, designed by renowned architect Cesar Pelli, is a beautiful and functional space. The dedication was a wonderful event that included short performances by students in the acting programs at the Theatre School.
In my last post on President Obama’s proposals to help control the growth in college costs, I described how the president hopes to influence institutional behavior. Another key part of his proposals is to try to influence student behavior through the federal financial aid system, known as Title IV aid.
In what is a very brief part of his proposal, but yet may turn out to be one of the most controversial, is this:
Demand Student Responsibility for Academic Performance: To ensure students are making progress toward their degrees, the President will also propose legislation strengthening academic progress requirements of student aid programs, such as requiring students to complete a certain percentage of their classes before receiving continued funding. These changes would encourage students to complete their studies on time, thereby reducing their debt, and will be designed to ensure that disadvantaged students have every opportunity to succeed.