By doubling funding for Pell Grants and establishing a college tax credit, President Obama is putting higher education within reach for millions more Americans.
President Obama successfully fought to prevent federal student loan interest rates from doubling for more than 7 million students, and capped federal student loan repayments at 10% of income. This means responsible students and their families can make decisions about the future based on career goals rather than the price of tuition.
President Obama knows that a good teacher can change a student’s life—that’s why he’s supported the jobs of thousands of educators and is calling for incentives to keep the best ones in the classroom.
President Obama understands that education is not a top- down, one-size-fits-all issue—that’s why he has given states the flexibility to create their own ambitious plans for reform, relieving them of restrictive No Child Left Behind mandates.
President Obama is investing in community colleges to provide education and career-training programs, ensuring that everyone who works hard can get ahead.
President Obama implemented the Race to the Top initiative, which has already helped spur 46 states to raise standards by rewarding innovation and positive reforms in local schools.
President Obama is committed to ensuring that veterans and service members can get a college education and find work when they return from service—that’s why he implemented and expanded the post-9/11 G.I. Bill, which has helped more than 800,000 veterans and their families pursue an education.