To Regain Public Trust, U. of Texas President Says, Colleges Must Take Steps on Costs

State institutions should tie tuition to median family income, and colleges need to find ways to reduce costs if they ever hope to return to the days when higher education was seen as a public good, Larry R. Faulkner, president of the University of Texas at Austin, told college leaders here on Sunday at the opening session of the American Council on Education’s annual meeting.