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On the fifth anniversary of the Lehman Brothers collapse, President Barack Obama says the Republican focus on budget tightening could widen income disparities in the nation even as the economy climbs out of a debilitating recession. credit: JEWEL SAMAD/AFP/Getty Images)

White House Defends Obama Bus Tour Amid Bloodshed In Egypt, Syria

Calling higher education an “economic imperative,” President Barack Obama is pushing for an ambitious new government rating system for colleges that would judge schools on affordability and performance and ultimately determine how federal financial aid is distributed.

08/22/2013