ANN ARBOR, Mich. — President Barack Obama fired a warning at the nation’s colleges and universities on Friday, threatening to strip their federal aid if they “jack up tuition” every year and to give the money instead to schools showing restraint and value.
STATE COLLEGE, Pa. — Coach Joe Paterno is fighting for his job amid “eroding” support from Penn State’s board of trustees and a widening sex-abuse scandal and possible cover-up centered on former assistant and one-time heir apparent Jerry Sandusky.
As President Obama prepared to announce new measures Wednesday to help ease the burden of student loan debt, new figures painted a demoralizing picture of college costs for students and parents: Average in-state tuition and fees at four-year public colleges rose an additional $631 this fall, or 8.3 percent, compared with a year ago.