Though some reform ideas have merit, the real problem is lack of funding from the government.

Reform advocate: Purdue University President Mitch Daniels at commencement exercises for Purdue North Central, 2014. Image
from nwi.com.
WEST LAFAYETTE, Indiana — Purdue University President Mitch Daniels testified March 17, 2015, before a subcommittee of the House of Representatives Committee on Education and Workforce on what he calls higher education reform. He also spoke during that week to the American Council on Education and the Brookings Institute.
A centerpiece of his recommendations was “income share agreements” whereby students partner with investors, particularly alumni, who would provide funds for their education in exchange “for a small share of the student’s future income.”
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