Obama's Brand of Budget Populism Finds Spare Resources for Education

In a newfound surge of populism, President Obama is cracking down on some institutions seen as wasting taxpayer money while they sit secure in the fact that they are too important to be allowed to fail.

He means, of course, the nation's banks.

The nation's colleges, by contrast, appear to be entering another year in which Mr. Obama will be doing all he can to ensure education gets the most possible federal support—a prime exception to his policy of

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