President Obama recently announced a new initiative to address the question of higher education affordability. For decades, the cost of college has been growing faster than inflation, putting college out of reach for an increasing number of American families. However, if we are going to keep college cost increases down, information technology will have to play a key role, just as it has in a host of other industries. There are administrative costs and inefficiencies in higher education that are doing little to improve the quality of education but do make it less accessible to more students at a time when the opposite should be happening. ITIF will explore how IT can address these issues, looking at the experiences in various institutions and states and exploring what can be done at a federal level to improve productivity in higher education.