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September 26, 2006
Secretary of Education Margaret Spellings announces plans for more affordable, accessible, accountable and consumer-friendly U.S. higher education system at the National Press Club in Washington, D.C.
![](https://webarchive.library.unt.edu/eot2008/20090109145419im_/http://www.ed.gov/images/ed_c_dline.gif)
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Transcript: We need to make higher education more accessible by better preparing our students in high school. We need to make higher education more affordable by increasing need-based aid, simplifying the financial aid process, and holding costs in line. And we need to make higher education more accountable by opening up the ivory towers and putting information at the fingertips of students and families.
![](https://webarchive.library.unt.edu/eot2008/20090109145419im_/http://www.ed.gov/images/ed_c_dline.gif)
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Transcript: Money's important, clearly. But we're going to keep chasing our tail on price until we realize that a good deal of the solution comes down to information.
![](https://webarchive.library.unt.edu/eot2008/20090109145419im_/http://www.ed.gov/images/ed_c_dline.gif)
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Transcript: Streamline the process, cut the application time in half, and notify students of their aid eligibility earlier than the spring of their senior year to help families and students plan.
![](https://webarchive.library.unt.edu/eot2008/20090109145419im_/http://www.ed.gov/images/ed_c_dline.gif)
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