In his 2013 State of the Union message, President Obama rightly
emphasized the importance of moving beyond an “austerity agenda”
for our country and of recognizing that we cannot simply cut our
way to prosperity.
The president has put investment on the national agenda– in
research and innovation, in pre-school education, and in various
aspects of our physical infrastructure (e.g, roads, bridges,
bricks and mortar in schools).
Unfortunately, the President did not put new financial mechanisms
for reinvesting in public higher education on the table.