Minding The Campus
Hans Bader
Sept. 14, 2016
The federal government happily subsidizes inferior state colleges that graduate few if any of their students. That includes Chicago State University, which has a 12.8 percent six-year graduation rate.
The Obama administration has rewritten federal student loan rules in a way that encourages colleges to raise tuition and effectively subsidizes the worst colleges the most. The Federal Reserve Bank of New York found that each additional dollar in government financial aid results in a tuition hike of about 65 cents.
More...
http://www.mindingthecampus.org/2016/09/obama-backs-the-worst-colleges-while-destroying-for-profit-schools/The linked WaPo article is unexpectedly good.
