this was something Obama said in the debates tonight, but I have no idea what it might possibly mean.
how do you invest in college “affordability”? invest in technology that makes delivery of higher educational ‘services’ more affordable? or are they just talking about cutting the cost of college through some subsidies/loan-programs?
college has never been so accessible to so many people — by definition, that’s affordability. look at the numbers of people attending college year over year for the past 10 years — I bet it’s never gone down. those people are all funded by something that is making it affordable enough to not skip and jump straight into the labor force…
I joked about this with several MBA students last week at an alumni event I attended; I said, “oh yeah, you guys have it so hard,” — and they all laughed back. it was nervous laughter, because they’re unsure if the investment in this Masters degree will pay off for them when the Wall Street jobs they aspired to are being cut back, but they know they’re investing in their futures and that’s a good bet.