Government-led efforts to make higher education more affordable to Americans will be key to overcoming the fiscal challenges facing the country’s middle class, President Obama said Saturday.
In his weekly address, Obama touted his administration’s efforts to reduce costs for a college education, unveiled earlier this week.
Under the White House plan, colleges and universities would be subject to a national affordability rating system.
As part of the plan, Obama will press Congress to tie federal financial aid grants to a school’s rankings to encourage students to attend high-performing colleges.
The administration recently kicked off a cross-country campaign to rally support for the new education plan.