Originally published on Thu August 22, 2013 5:47 pm
The big idea in President Obama's new proposal for tackling the growing crisis in college affordability can be boiled down to this: linking federal higher education aid to a new grading system that would rate colleges and universities on the "value" they provide students.
WKU President Gary Ransdell's interview with WKU Public Radio
WKU President Gary Ransdell stopped by the studios of WKU Public Radio Tuesday morning to discuss state funding for higher education, a recent announcement regarding how university construction projects will be financed, and the impact of rising tuition rates on current and future students.
President Ransdell spoke with WKU Public Radio News Director Kevin Willis. Here are some excerpts from their conversation:
Kevin Willis:Last week it was announced that Governor Beshear and state legislative leaders were backing $363 million in bonds for university construction and renovation projects. But it was understood that the schools themselves would be footing the entire cost for their respective projects, with no extra state funding involved. WKU was given approval for $22 million in bonds for a new Honors College and International Center.