Thursday, January 28, 2010
President Obama Mentions the Importance of Community Colleges in His State of the Union Address
"...When we renew the Elementary and Secondary Education Act, we will work with Congress to expand these reforms to all fifty states. Still, in this economy, a high school diploma no longer guarantees a good job. I urge the Senate to follow the House and pass a bill that will revitalize our community colleges, which are a career pathway to the children of so many working families. To make college more affordable, this bill will finally end the unwarranted taxpayer-subsidies that go to banks for student loans. Instead, let’s take that money and give families a $10,000 tax credit for four years of college and increase Pell Grants. And let’s tell another one million students that when they graduate, they will be required to pay only ten percent of their income on student loans, and all of their debt will be forgiven after twenty years – and forgiven after ten years if they choose a career in public service. Because in the United States of America, no one should go broke because they chose to go to college. And it’s time for colleges and universities to get serious about cutting their own costs – because they too have a responsibility to help solve this problem..."
To read the full text of the State of the Union see:
http://thedemocraticdaily.com/2010/01/28/text-of-president-obamas-state-of-the-union-address/
To read the full text of the State of the Union see:
http://thedemocraticdaily.com/2010/01/28/text-of-president-obamas-state-of-the-union-address/
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