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The cost of college: A balancing act
Vice President Joe Biden and Education Secretary Arne Duncan spoke at a high school in Norfolk, Virginia, on Tuesday. The reason: To discuss student loans and college tuition. If that sounds familiar, it’s because the cost of higher education has been a major focus of the Obama administration
Pat Callan, InsideTrack Advisory Board member and president of the Higher Education Policy Institute, gives the president credit for raising awareness about the rising costs of college, but he doesn’t believe the federal government has the leverage to significantly punish colleges and universities for tuition increases.
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