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America's College Promise was a proposal by the Barack Obama administration to offer all students two free years of community college tuition. [1] [2] [3] It was based on the Tennessee Promise, a similar program for the state of Tennessee. State level programs, like the Tennessee Promise, have faced critique for their ability to fill tangible ...
Expanded college credit House – $13.7 billion to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000. Senate – Reduces the amount that can be refunded to low-income families that pay no income taxes, lowering the cost to $13 billion.
Originally proposed by President Barack Obama to help students and families pay for post-secondary education, the proposal called for a $4000 credit in exchange for 100 hours of community service. The stated goal of the credit was to, "cover two-thirds the cost of tuition at the average public college or university and make community college ...
The Obama administration is pushing to extend a temporary tax credit that helped lower the cost of college tuition for more than 12 million students last year. The American Opportunity Tax Credit ...
Seth Perlman/AP The student debt crisis is still looming, and President Obama has drawn a line in the sand. Sort of. For years, the president has drawn attention to student debt, often referencing ...
Mike Groll/AP If Obama's long-term plan to transform higher education in America ultimately passes Congress, it may fundamentally change the relationship between universities and the federal ...
Since 1970, family incomes for 80% of Americans have failed to make inflation-adjusted gains. With college costs skyrocketing, the lack of wage increases forced most students to rely on student aid and student loans. [5] In comparison, other countries have also experimented with government-sponsored loan programs.
Jewel Samad, AFP/Getty ImagesPresident Obama speaking Thursday at the University of Buffalo. For the last few days, President Obama has been hinting about a new education plan that, he claims ...