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Janet Napolitano audit (Rich Pedroncelli / Associated Press)

Cal Legislature Testimony: UC’s Napolitano Interfered with Audit

University of California President Janet Napolitano was skewered Tuesday in front of a California legislature oversight committee focusing on allegations her office plotted against a state audit, interfered with data collection, and waged a smear campaign to prevent revelations of hidden cash.

Beer Bong (Joe Raedle / Getty)

Federal Reserve Blames Gov’t Aid for Driving up College Tuitions

A new study from the New York Federal Reserve faults the federal government’s policy of boosting aid to families in recent decades to make college education more affordable, because it enabled institutions to raise tuitions much faster than inflation.

PHOTOALTO/AFP

Gallup: Americans Rate 4-Year College as High as Community College

Are four-year colleges any better than community colleges? Americans don’t think so, according to a new Gallup survey that finds 66 percent of respondents rated the quality of community colleges as “excellent” or “good,” while 70 percent rated four-year colleges the same way.

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Study: Over 27% of Student Loans Are in Default

A university degree was once perceived as the social elevator to a higher net worth. But the Federal Reserve Bank of New York estimates that 40 million Americans have racked up an average of four loans with an outstanding net balance of $29,000 to obtain a college education.

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NYT: Dismal Community College Graduation Rates, Not Cost, The Real Problem

The White House claimed last week that President Barack Obama’s proposed “free” community college for everyone proposal would cost U.S. taxpayers at least $60 billion over the next 10 years were it to pass. But as the New York Times pointed out on Friday, community college is already tuition-free for millions of students.