posted on August 22, 2013 13:00
President Obama says in the last three decades, college tuition at public universities has increased 250 percent, while an average family’s income has grown only 16 percent.
In his speech at Alumni Arena at the University at Buffalo, the president spoke about making higher education more affordable, especially for the middle class.
“We can’t price the middle class and everybody working to get into the middle class out of a college education," he said. "We’re going to have to do things differently. We can’t go about business-as-usual.”
Obama says he has three goals in regards to making college more affordable: first is ranking colleges by value and making that a point of emphasis in evaluation, second, creating new competition that encourages affordability amongst institutions, and improving debt management systems.
“Colleges that keep their tuition down and are providing high-quality education are the ones that are going to see their tax payer funding go up," he said. "It is time to stop subsidizing schools that are not producing good results and reward schools that deliver for American students and our future.”
The president arrived on Air Force One at about a quarter past 10 this morning and was greeted by a packed arena an hour later as he was cheered by UB students in the crowd. His speech wrapped up before noon and he took off on the Thruway en route to Syracuse, the next stop on his bus tour, just after noon.
The Thruway Authority is asking drivers to remain flexible with traffic changes, and unexpected closures during the president’s bus tour.