by Terence P. Jeffrey, CNSnews:
Speaking at the University of Buffalo, President Barack Obama today unveiled an ambitious new plan for the federal government to create a national rating system that will define what a good college is and financially reward or punish colleges depending on how they rank in the government’s system.
He said he intends to have the rating system in placed by the fall of 2015 and intends to work with Congress to enact legislation linking federal aid to colleges to the rating system.
As outlined by Obama, this rating system would look at essentially materialistic and financial characteristics of a college as opposed to intellectual and moral ones.
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