News of the Day: Paying for college

The Philadelphia Inquirer ran an editorial earlier this week highlighting the increasing debt students take on while paying for college. They singled out the reforms under the Student Aid and Fiscal Responsibility Act passed by the House of Representatives in September as being key to reducing that debt.

The Philadelphia Inquirer said:

The bill that was passed by the House in September would provide about $80 billion over 10 years for President Obama's education initiatives. About $40 billion would go to the federal Pell grants program, which provides scholarships for low- and moderate-income students.

...

Community colleges would get as much as $12 billion to help prepare a more skilled workforce. At a time when many two-year colleges have seen their funding slashed, the additional funding would provide for job training and capital projects on campuses.

Nationally, community colleges enroll more than six million students. Many, including those in the Philadelphia region, have seen tremendous enrollment growth during the recession and also need additional funding.

Obama's education plan would also pour about $8 billion into early childhood programs, which in recent years have taken a backseat on the public-education agenda. America's historically black colleges and universities would also get $2.5 billion.
We encourage you to read the entire editorial, learn more about the Student Aid and Fiscal Responsibility Act and join the Facebook page.

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