The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Tonight

Lo40° Patchy Fog

Saturday

Hi57° Patchy Fog

Saturday Night

Lo39° Mostly Clear

Sunday

Hi54° Increasing Clouds

Sunday Night

Lo42° Chance Rain

Monday

Hi52° Chance Rain

Monday Night

Lo46° Chance Rain

Tuesday

Hi57° Mostly Cloudy

Tuesday Night

Lo47° Slight Chc Rain

Wednesday

Hi58° Slight Chc Rain

Obama proposes new system for rating colleges: Students at highly rated schools would get bigger grants and better loans

Send to Kindle
Print This

BUFFALO, N.Y. — Calling higher education an “economic imperative,” President Barack Obama pushing for an ambitious new government rating system for colleges that would judge schools on affordability and performance and ultimately determine how federal financial aid is distributed.

The rating system, which the president wants implemented before the 2015 school year, would evaluate colleges on several criteria, including average tuition and student loan debt, graduation rates, and the average earning of graduates. Obama says he will ask Congress to link the new rating system to the way federal financial aid is disbursed, with students attending highly rated schools receiving larger grants and more affordable student loans.

View my optionsorSign in