6 reasons the math on Obama’s college plan doesn’t add up Read more here: http://www.mcclatchydc.co

Freewill

Platinum Member
Oct 26, 2011
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He has to know this is never going to fly.

My observation, are CC now running a 100 percent capacity so those who want to go can't? And how many are kept out of CC because of the usually low cost? I paid full price for my daughter to attend college and I damn know there were those sitting next to her who paid nothing and it was not because of a scholarship. S

Read more here: National news from McClatchy DC News Washington DC

National news from McClatchy DC News Washington DC

The price tag

It would cost $60 billion over 10 years. White House officials wouldn’t say where they’d find the billions to pay for it. And the spending would have to be approved by Congress, where Republicans just gained seats in midterm elections after campaigning against more federal spending.

Administration officials say they’ll indicate where the money will come from when Obama releases his budget proposal Feb. 2. “Without details to review, this plan is more like a talking point,” said Cory Fritz, a spokesman forHouse Speaker John Boehner, R-Ohio.

The national debt

In December, the national debt reached $18 trillion, sparking renewed criticism from fiscal conservatives about the increase in government spending. Obama touted the declining federal budget deficit when he spoke in Knoxville on Friday, but he didn’t mention that the debt continues to increase.

“Why stop there?” Republican Louisiana Gov. Bobby Jindal said. “Why not have the government buy a car and a house for everyone?”

The states

While the federal government would pick up 75 percent of the tab, the final quarter would come from states that opt into the program. The states, which have already slashed funding for colleges and universities as they face budget shortfalls and competing priorities, would have to cut other programs to pay for the cost or to raise taxes.

The students

The program would provide aid to some students who don’t need it, instead of focusing on low-income students through, for example, expanding Pell Grants or reducing the paperwork for student aid. Administration officials estimate that 9 million students could participate if they attend at least half-time, maintain 2.5 GPAs and make progress toward completing degrees or certificate programs.

“Making tuition free for all students regardless of their income is a missed opportunity to focus resources on the students who need aid the most,” said the Institute for College Access & Success, which usually sides with the Obama administration.

The emphasis

The lure of free tuition might lead some students who should go straight to four-year institutions to attend community colleges instead.

“Why support community college instead of college?” asked Russ Whitehurst, a former official at theDepartment of Education who now heads the Brown Center on Education Policy at the Brookings Institution, a center-left policy research center.

The regulations

States and community colleges would have to abide by certain rules to get the federal money. For example, states would have to agree not to cut higher education funding elsewhere to pay for the proposal.

Community colleges would have to offer programs that transfer to public four-year colleges or lead to degrees and certificates that are in demand among employers, and implement programs that would improve student achievements.


Read more here: National news from McClatchy DC News Washington DC
 

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