Obama to colleges: skip the gourmet food, fancy gyms

McClatchy reports:

President Barack Obama criticized university administrators Friday, saying they’d driven up the cost of college with high-priced extras such as gourmet food and lush fitness centers.

He also teed off on state legislators who’ve cut funding for state schools, saying they were driving up costs past any link to value and leaving graduating students loaded with debt.

“Now, the school administrators, they have a responsibility to be more efficient. And students and parents, we have a responsibility to be smart consumers,” he said during a trip to Indiana to tout his proposals to help the middle class.

Should there be an administrator tax?