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The Boston Globe

Nation

Obama targets high cost of college

Would link federal aid to school performance; N.E. educators wary of a rating system

WASHINGTON — President Obama unveiled a plan Thursday to rein in exploding college costs, drawing skepticism from some New England college presidents concerned about tying federal funding to a new performance rating system.

Under Obama’s plan, the federal government would develop a report card by 2015 for all public and private colleges that would measure tuition increases, graduation rates, student debt, and even graduates’ earnings to help students pick schools that offer the best value.

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