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Higher education: At what cost?

Now that “Obama-care’’ has been roundly embraced, other Obama compounds seem certain to come. I’m betting on “Obamacard,’’ which plays off the president’s newish College Scorecard, a tool at whitehouse.gov that tracks the affordability of institutions of higher education around the nation. The new system has been in the press a lot lately. Think of it as an early step in Obama’s second-term focus on higher education, a sort of Reform 2.0 as a follow-up to health care in his first.

Many similarities here: Both systems are leviathan and are choked by runaway costs — tuition, room, and board at public universities rose 46 percent in the first decade of the new millennium. Both systems have been dreadful on accountability, yet they beg for federal funding. Then there’s this: We pay ridiculously for health and education because without them, our future implodes.

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