Obama Takes on College Cartel reports that President Obama promises a plan to rate colleges based on performance for getting graduates jobs and also to reduce future costs for middle class students. I have low confidence that any government plan will deliver against these promises.
My guess is that the cost of college will only increase faster with more government involvement. I only need to see the results of the Affordable Health Care Act which has already significantly raised my health insurance costs, despite promises by President Obama to lower the cost.
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial or education advice. Please consult a professional advisor.
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