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President Obama says he is rolling out a plan to make two years of community
college free, or nearly so, to students across the country.
“What I’d like to do is to see the first two years of community college free
for everybody who is willing to work for it,” Obama said in a video filmed on
Air Force One and posted on Facebook on Thursday.
Submitted by Tyler Durden on 01/08/2015 20:01 -0500
http://www.zerohedge.com/news/2015-...out-two-years-free-community-college-everyone
With the number of college graduates working minimum wage jobs nearly
71% higher than it was a decade ago, and the average graduate leaving college
with $29,400 in debt (crushing their hopes of leveraging up to buy that American
Dream-creating house), President Obama has unleashed a double whammy of ideas
in the last few days. Reducing mortgage insurance and cutting down-payment
restrictions for FHA loans (i.e. providing huge leverage to segments of society to
repeat the mistakes of the last housing bubble); and now, as The LA Times reports,
President Obama says he is rolling out a plan to make two years of
community college free, or nearly so, to every student across the country.
Because it's "fair"?
As The LA Times reports,
President Obama says he is rolling out a plan to make two years of
community college free, or nearly so, to students across the country.
“What I’d like to do is to see the first two years of community
college free for everybody who is willing to work for it,” Obama
said in a video filmed on Air Force One and posted on Facebook on
Thursday.
Obama’s announcement comes ahead of a visit Friday to a community
college and technical center in Knoxville, Tenn., as part of a trip
designed to preview his policy plans for 2015.
* * *
Just what this nation needs... more higher-educated, taxpayer-funded citizens
demanding higher-paid jobs ("well we have a community college education now")
when all the jobs being 'created' are waiters, bar staff, and shale oil workers (oh
wait... not them)
Moar Free Stuff...
Via President Obama's Facebook page...
“Put simply, what I’d like to do is to see the first two years of
community college free for anybody who’s willing to work for it,”
he said. “It’s something we can accomplish, and it’s something
that will train our workforce so that we can compete with anyone
in the world.”
Obama said a world-class education starts with children, but that adults
need training, too. “It’s not just for kids, we also have to make
sure that everybody has the opportunity to constantly train
themselves for better jobs, better wages, better benefits.”
The America’s College Promise proposal could save eligible students $3,800 a
year in tuition, the White House said.
According to the White House, here are the requirements for the program:
* * *
Should be a Great State of The Union
college free, or nearly so, to students across the country.
“What I’d like to do is to see the first two years of community college free
for everybody who is willing to work for it,” Obama said in a video filmed on
Air Force One and posted on Facebook on Thursday.
Submitted by Tyler Durden on 01/08/2015 20:01 -0500
http://www.zerohedge.com/news/2015-...out-two-years-free-community-college-everyone
With the number of college graduates working minimum wage jobs nearly
71% higher than it was a decade ago, and the average graduate leaving college
with $29,400 in debt (crushing their hopes of leveraging up to buy that American
Dream-creating house), President Obama has unleashed a double whammy of ideas
in the last few days. Reducing mortgage insurance and cutting down-payment
restrictions for FHA loans (i.e. providing huge leverage to segments of society to
repeat the mistakes of the last housing bubble); and now, as The LA Times reports,
President Obama says he is rolling out a plan to make two years of
community college free, or nearly so, to every student across the country.
Because it's "fair"?
As The LA Times reports,
President Obama says he is rolling out a plan to make two years of
community college free, or nearly so, to students across the country.
“What I’d like to do is to see the first two years of community
college free for everybody who is willing to work for it,” Obama
said in a video filmed on Air Force One and posted on Facebook on
Thursday.
Obama’s announcement comes ahead of a visit Friday to a community
college and technical center in Knoxville, Tenn., as part of a trip
designed to preview his policy plans for 2015.
Just what this nation needs... more higher-educated, taxpayer-funded citizens
demanding higher-paid jobs ("well we have a community college education now")
when all the jobs being 'created' are waiters, bar staff, and shale oil workers (oh
wait... not them)
Moar Free Stuff...
Via President Obama's Facebook page...
“Put simply, what I’d like to do is to see the first two years of
community college free for anybody who’s willing to work for it,”
he said. “It’s something we can accomplish, and it’s something
that will train our workforce so that we can compete with anyone
in the world.”
Obama said a world-class education starts with children, but that adults
need training, too. “It’s not just for kids, we also have to make
sure that everybody has the opportunity to constantly train
themselves for better jobs, better wages, better benefits.”
year in tuition, the White House said.
According to the White House, here are the requirements for the program:
What students have to do: Students must attend community college
at least half-time, maintain a 2.5 GPA, and make steady progress toward
completing their program.
What community colleges have to do: Community colleges will be
expected to offer programs that are either 1) academic programs that
fully transfer credits to local public four-year colleges and universities,
or 2) occupational training programs with high graduation rates and lead
to in-demand degrees and certificates. Community colleges must also
adopt promising and evidence-based institutional reforms to improve
student outcomes.
What the federal government has to do: Federal funding will cover
three-quarters of the average cost of community college. Participating
states will be expected to contribute the remaining funds necessary to
eliminate the tuition for eligible students.
The president is expected to make a formal announcement Fridayat least half-time, maintain a 2.5 GPA, and make steady progress toward
completing their program.
What community colleges have to do: Community colleges will be
expected to offer programs that are either 1) academic programs that
fully transfer credits to local public four-year colleges and universities,
or 2) occupational training programs with high graduation rates and lead
to in-demand degrees and certificates. Community colleges must also
adopt promising and evidence-based institutional reforms to improve
student outcomes.
What the federal government has to do: Federal funding will cover
three-quarters of the average cost of community college. Participating
states will be expected to contribute the remaining funds necessary to
eliminate the tuition for eligible students.
* * *
Should be a Great State of The Union