HIGHER EDUCATION BUBBLE UPDATE: Obama Attacks High Tuition. Couple this with Biden’s comments about faculty being overpaid — which don’t seem so incidental now — and this seems to be a major turning point. Higher Ed is a major Democratic constituency and a huge source of donations, so I don’t expect them to actually do a whole lot (at least before the election) but that Obama feels he has to make this sort of statement indicates which way the wind is blowing.