US
January 27, 2012
AP Photo/Carlos Osorio
Julia Edwards
President Obama announced on Friday morning a new proposal to limit federal student loans for students going to schools not making an effort to curb costs.
"If you can't stop tuition from going up, then the funding you get from taxpayers each year will go down," Obama said, speaking of universities at-large, to students gathered at University of Michigan in Ann Arbor. "We should push colleges to do better. We should hold them accountable if they don't."
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