Obama Decries Rising Cost of College Education
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President Barack Obama has called for an overhaul of the higher education financial aid system, warning that colleges and universities that fail to control spiraling tuition costs could lose federal funds. (Jan. 27)

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HEADLINE:Obama decries rising cost of college education---------------------------------------CAPTION: President Barack Obama has called for an overhaul of the higher education financial aid system, warning that colleges and universities that fail to control spiraling tuition costs could lose federal funds. (Jan. 27) ----------------------------------------[Location - Date:] Ann Arnor, Michigan[Source:]Pool[VO:][VOICE-OVER]TRACK#1 [SOT/] President barack ObamaIt's not just enough to increase student aid. And you can imagine why. Look, cant just keep on subsidizing skyrocketing tuition. Tuition is going up faster than inflation, faster than even help health care is going up. No matter how much we subsidize it, sooner or later when going to run out of money. and that means that others have to do their part, colleges and universities need to do their part to keep cost down as well. Co from now on, I'm telling Congress, we should steer federal campus based aid to those colleges that keep tuition affordable, serve their students well. If you cant stop tuition from going up in than the funding you get from taxpayers each year will go down. We're gonna launch a race to the top for college affordability. We're telling the states, if you can find new ways to bring dowmn the cost of college and make more students graduate, we'll help you do it. We'll give you additional federal support if you are doing a good job of making sure all of you are not loaded up with student debt when you graduate."te of[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#2[NATSOT:][SOURCE:][COURTESY:][SOT/](Name/Location, Occupation, Expertise)(" ")[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#3[NATSOT:][SOT/](Name/Location, Occupation, Expertise)(" ")[STANDUP:](Reporter/Associated Press)(" ")[VO:][VOICE-OVER]TRACK#4[SOT/](Name/Location, Occupation, Expertise)(" ")[VO:][VOICE-OVER]TRACK#5[SIGOUT/REPORTER, LOCATION, ASSOCIATED PRESS](****END****) ANCHOR VOICE: -------------------------VIDEO PRODUCER: ---------------------------VIDEO SOURCE: -----------------------VIDEO APPROVAL: ----------------------------VIDEO RESTRICTIONS: ----------------------------------MARKET EMBARGO (S): --------------------------------SCRIPT/WIRE SOURCE: