The federal government should help families save for their children’s futures while also stepping back to allow the higher education revolution to unfold.
Speaking on Friday at the University of Michigan, President Obama declared, “I want this to be a big, bold, generous country where everybody gets a fair shot, everybody is doing their fair share, everybody is playing by the same set of rules. That’s the America I know. That’s the American I want to keep. That’s the future within our reach.” How did the President propose to achieve his goal? The wrong kind of federal intervention into higher education with the goal of bringing down the cost of attending college.