Official calls for urgency on college costs
By Tamar Lewin/New York Times
As Occupy movement protests helped push spiraling college costs into the national spotlight, Education Secretary Arne Duncan urged higher-education officials Tuesday to “think more creatively — and with much greater urgency” about ways to contain costs and reduce student debt. The Education Department characterized Mr. Duncan’s remarks, at a Las Vegas conference of college financial aid workers, as the start of a “national conversation” about high costs, which have prompted raucous protests across the country and ignited an angry push among some borrowers demanding debt forgiveness, federal grants and interest-free loans. The department used the opportunity to call attention to steps the Obama administration had taken to reduce the net price that students and families pay for higher education and make it easier to repay student loans. (more...)