Student Loans

Shikha Dalmia On Obama's Phony College Rating Plan

|

Student Debt
DonkeyHotey / Foter / Creative Commons Attribution

University presidents are deeply disturbed that not only is President Obama not backing off from his proposal to create a federal scorecard to rate colleges, but one of his deputies actually said that this was no more difficult than "rating a blender." Educating young minds is a such a lofty thing, you know, that comparing it to selling kitchen appliances  isn't just vulgar—it's blasphemous.

But, notes Reason Foundation Senior Analyst Shikha Dalmia, the tears of university presidents are the only good thing that'll come out of the proposed scorecard. So enjoy them while you can. Because once they've dried their eyes, they'll start seeing all kinds of opportunities for shaking down taxpayers.