Obama ‘putting colleges on notice’ on high tuition

By: JIM KUHNHENN and KIMBERLY HEFLING - The Associated Press

The Associated PressSUPPORTERS: President Barack Obama greets supporters after his speech Friday at the University of Michigan in Ann Arbor, Mich. Obama warned the nation’s colleges and universities that their federal aid would be stripped if they continue to “jack up tuition” ever...

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.

Obama...

Published: 01/28/2012