The editors state:
Determining what amounts to good value will be difficult, and persuading Congress to move forward on any of these ideas will be hard. But Mr. Obama is right that the federal government should begin leveraging its sizable investment in higher education for reform. He has set the stage for a long overdue discussion about what ails higher education and what might be done about it.This discussion is indeed long overdue. Cost is an issue, but we have to talk primarily about the societal expectations and roles for higher education in the near and long term. Even if it costs less, if the quality, relevance and accountability are not there--it's a waste of money.