Enjoying White House Attention

By Carl Straumsheim and Ry Rivard. Advocates of disruptive college business models and carrot-and-stick accountability measures were excited Thursday to hear President Obama back their work in his effort to curb the rising cost of college. The president, in a speech on college costs, praised a new public-private partnership between the Georgia Institute of Technology and a Silicon Valley start-up, name-checked a performance-based college funding formula in Tennessee and praised programs that award degrees to students based on how well they test rather than how much time they spend in a classroom. All of this, Obama said, could help “shake up the current system, create better incentives for colleges to do more with less and deliver better value for students and their families.” Read more...