Obama warns colleges: Rein in tuition or risk aid

<p>Somebody who is promoting the idea that school endowments should replace loans should google “school endowment” and post the amounts here. Aside from a few of the best schools, schools have little endowment.</p>

<p>It is amazing how the amount drops drastically from the top few to all the rest.</p>

<p>State schools are underfunded, soliciting foreigners, or taking more out of state kids.</p>