Today, President Obama sort-of kind-of acknowledged a problem with Federal college student lending: Federal loans are doing nothing to improve the affordability of colleges, as colleges are just raising tuition in lockstep with increased lending, thus leaving students massively in debt for the same old degree.
His proposed solution is to somehow tie the availability of Federal funds to some type of government scoring system for colleges. The probability that this will do anything to reign in student debt is exactly zero. But it will potentially give the Feds another vehicle for control (similar to what Title IX has given them) of even the most mundane university policies. Why not, for example, give high scores to universities with the restrictive and politically correct speech codes this Administration favors, thus effectively denying money to students of universities that don’t have Eric Holder-sanctioned speech policies?
Yes, there always seems to be some sort of dark thing in any Obama woodpile.