Education Secretary Arne Duncan, the former Chicago Public Schools chief and basketball buddy of President Obama, says the "marketplace" will work to keep university costs down.
And he seems intrigued with the notion of developing "no-frills" campus options for financially strapped students.
Duncan has moved his family from Hyde Park in Chicago to the northern Virginia suburbs, where his kids go to a public school. I caught up with Duncan at a breakfast with reporters last week.
He has been on his own "listening tour" of the nation to figure out what needs to be changed in the No Child Left Behind law. He said he has no timetable for asking Congress to rewrite the controversial Bush-era program.
The economic stimulus measure has given Duncan $10 billion in discretionary spending. By comparison, President George W. Bush's first education secretary, Rod Paige, had only $17 million in the cash drawer to pass around.
Duncan said he wants to use some of the federal money as an incentive to "change behavior" when it comes to college expenses.
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