Heritage’s Top 2011 Higher-Education Stories
Two higher-education stories make the Heritage Foundation’s list of last year’s top ten education stories.
President Obama’s plan for the forgiveness of student loans, in deference to the Occupy Wall Street horde, makes the pick. According to the plan, as Heritage’s Lindsey Burke notes,
Students cannot be required to pay more than 10 percent of their discretionary income on loan payments, all of which will be forgiven after 20 years. Sadly, this executive overreach shifts the burden of paying for college from the students who are directly benefiting from having attended college, to the nearly three-quarters of Americans who did not graduate from college.
The second story, titled “Obama Administration orchestrates for-profit witch hunt,” concludes that the administration’s new regulations of the for-profit institutions amount to “de-facto government price controls on a sector meeting the needs of students historically underserved by traditional universities.”