Obama seeks to make college affordable

01/27/2012 | Time.com

In the State of the Union speech, President Barack Obama prioritized making college affordable for students, in part by reducing federal aid to colleges that do not rein in tuition increases. "Higher education can't be a luxury; it's an economic imperative that every family in America should be able to afford," Obama said. Some say a reduction in aid is likely to come from discretionary money universities receive from the government, not in direct student aid.

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