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One Hurdle: Funding to Pay for 8 Million Students Essay

  • Submitted by: coderedwhatley
  • on November 13, 2012
  • Category: Miscellaneous
  • Length: 713 words

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Below is an essay on "One Hurdle: Funding to Pay for 8 Million Students" from Anti Essays, your source for research papers, essays, and term paper examples.

One Hurdle:
Funding to Pay for 8 Million Students

One Hurdle:
Funding to Pay for 8 Million Students

President Obama would like to make a change in higher education.   President Obama want us to produce 8 million more college graduates by 2020, because America has to have the highest share of graduates compared to every other nation (www.whitehouse.gov).   One believes that this is not something that we can accomplish with our country in this state.   A big hurdle that we must overcome to make the 8 million students graduates by 2020, is to provide adequate funding to pay for college.   There are no signs that show that funding hurdle can be overcome.
President's Ideas for getting over the Big Hurdle
The president has a few suggestions to help with the major hurdle that higher education has to make the 8 million mark.   Here are a few of the suggestions:
  * He spoke about the landmark reforms of student loans passed earlier this year that will cut out big banks as middlemen and redirect those resources to our students:
  * So as a result, instead of handing over $60 billion in subsidies to big banks and financial institutions over the next decade, we’re redirecting that money to you, to make college more affordable for nearly 8 million students and families across this country. Eight million students will get more help from financial aid because of these changes (www.whitehouse.gov).
  * He spoke about Pell Grants, which so many students have come to rely on:
  * We’re tripling how much we’re investing in the largest college tax credit for our middle-class families.  And thanks to Austin’s own Lloyd Doggett that tax credit is now worth $2,500 a year for two years of college.  And we want to make it permanent so it’s worth $10,000 over four years of college -- $10,000 (www.whitehouse.gov).
These are suggestions that will help but this does not show the complete picture.   Our economy has not been working correctly for a while and this is not the...

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