In "Why the Cost of College Won't Drop Anytime Soon," Wasik drops a bunch of unsettling numbers in his analysis of Congress' recent overhaul of federal college aid (the Higher Education Access Act). Though Democrats applauded the new legislation, in Wasik's opinion "the new law will increase aid to low-income students, give a break for students pursuing public service and reduce subsidized federal-loan rates over time, it won't mandate that any colleges rein in their costs."
For another perspective on this topic, read Ric Perlstein's "Good news on higher ed". He thinks the bill is pushing things in the right direction.
If you're lazy and don't feel particularly inclined to read, take a listen to NPR's coverage here.