3 things to know: Obama’s higher education plan

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from The New York Times,

Obama left little doubt on his intentions to push for more federal oversight of how much colleges charge their students — and what students should receive in return.

n a letter to his supporters earlier this week, President Barack Obama hinted that his plan to change higher education could be a controversial one.

America found out exactly what he meant Thursday.

“These reforms won’t be popular with everybody,” he said, “especially those who are making out just fine under the current system.”

Here are three notable proposals from the speech:

1. Look closer at the value of schools’ tuition for financial aid assistance.

2. Grow the “Pay as you Earn” program for student loan debt.

3. Require more from students to keep receiving financial aid

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