Colleges need to demonstrate the value of their product with hard numbers, an increasingly popular maxim holds, or lawmakers will try to do it for them. That prediction is now truer than ever, as the nation’s highest elected official has joined state policymakers in pushing performance-based funding for higher education. The sweeping, ambitious proposal President Obama unveiled Thursday seeks to tie all federal financial aid programs to a rating system of colleges on affordability, student completion rates and the earnings of graduates.
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To read the full, original article click on this link: Higher education leaders respond to Obama's ambitous ratings system plan | Inside Higher Ed
