Friday, August 11, 2006

Panel's Report Urges Higher Education Shake-Up

No doubt our system of higher education needs plenty of reform, but overall, it's still a huge success, thanks to reasonably decent incentives, so I hope this doesn't distract us from addressing the K-12 public system, which is miserably failing millions of students, due to awful incentives.
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Panel’s Report Urges Higher Education Shake-Up

Published: August 11, 2006

WASHINGTON, Aug. 10 — A federal commission approved a final report on Thursday that urges a broad shake-up of American higher education. It calls for public universities to measure learning with standardized tests, federal monitoring of college quality and sweeping changes in financial aid.

The panel also called on policy makers and leaders in higher education to find new ways to control costs, saying college tuition should grow no faster than median family income, although it opposed price controls.

The report recommended bolstering Pell grants, the basic building block of federal student aid, by making the program cover a larger percentage of public college tuition. That proposal could cost billions of dollars.

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