In a speech yesterday at the University of Texas, Austin, President Barack Obama discussed higher education and the economy. He mentioned Cornell among institutions taking a proactive approach to containing costs.
…. Part of the responsibility for controlling these costs falls on our colleges and universities. Some of them are stepping up. Public institutions like the University of Maryland, University of North Carolina, some private institutions like Cornell, they’re all finding ways to combat rising tuition without compromising on quality. And I know that your president is looking at some of these same approaches to make sure that the actual costs of college are going down. I want to challenge every university and college president to get a handle on spiraling costs.