In a 2012 speech, Secretary of Education Arnie Duncan summed up the national sentiment regarding U.S. higher education: “The price of college is too high.”
This should come as no surprise to students and parents who are making tough higher education decisions, focusing at once on the quality of the education as well as its cost. Many students choose to sacrifice quality in the name of affordability.
According to Duncan, tuition is becoming less affordable because institutions are not performance-oriented...
