Christie wants colleges to be more open about their spending

AMES, Iowa (AP) — New Jersey Gov. Chris Christie says colleges should be more open about their finances, or lose federal aid.

The Republican presidential prospect argues for more transparency in higher education in a speech in Ames, Iowa.

He says colleges should be forced to be more open about costs and to itemize their bills. He wants to bar schools that don't do that from participating in federal grant and aid programs. Christie's speech Thursday drew no distinction between public and private schools on that point.

It's his fourth policy speech in recent weeks as he prepares for a potential run for president.

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