The higher education system in America is in need of significant reform. Twin challenges of high cost and low quality require attention from federal policymakers--who oversee tens of billions in federal aid to colleges and universities annually. In recent years, some policymakers, most notably during the Obama Administration, have singled out…

The proposed College Affordability Act calls for a massive uptick in federal spending on higher education and increased access to federal student aid (which has been shown to inflate tuition), while easing the criteria for federal loan forgiveness, leaving the bill to American taxpayers. Americans need solutions that will drive down the price of…