Higher education cost-spiral entering the crosshairs

As a ?former? higher education reporter, I very happy to see higher education affordability being discussed in the context of spiralling inflation and targeted financial aid.

President Obama is threatening to tie affordability to financial aid. It could be empty election year rhetoric. If actually implemented, such a move – tying funding to financial efficiency – would start a revolution in Anglo-Saxon universities.

As the financial crisis starts to impact higher education – and higher education is caught completely unprepared despite five years of warnings – I wish I were still covering higher education.

Things are getting very interesting and the cost-spiral may finally come to an end.

The big question – will any senior administrator be cut from bloated overhead at Canadian institutions?