Posted on 07/14/2009 9:31:37 AM PDT by Steelfish
Obama Wants $12 Billion For 2-Year Colleges
By DARLENE SUPERVILLE, Associated Press Writer
Tuesday, July 14, 2009
President Barack Obama is proposing a multibillion-dollar investment in the nation's community colleges, a $12 billion effort to help the two-year institutions reach, teach and train more people for "the jobs of the future."
Obama was outlining his four-part program in a speech Tuesday afternoon at Macomb Community College in Warren, Mich.
Under the initiative, schools could qualify for "challenge grants" so they'll have money to try new programs, or expand training and counseling.
Dropout rates would be addressed by designing programs to help students who want to earn an associate's degree or transfer to a four-year institution do so.
Money would be spent to renovate outdated facilities or build new ones, and to develop online courses and make them freely available to students and others who want to use them.
The total federal cost is $12 billion over a decade. Of that, $9 billion would go toward challenge grants and addressing dropout rates. Half a billion, or $500 million, would go toward online education. The remaining $2.5 billion would be used to spark $10 billion in renovation and construction nationwide, said James Kvaal, an Obama economic policy adviser.
(Excerpt) Read more at sfgate.com ...
institutions reach, teach and train more people for “the jobs of the future.”
Oh please. - You won’t need any college to prepare for the type of jobs that are coming...
The Feds will provide 1/4 of the money and will control every aspect of the projects. Additionally, the money will come out of the local taxpayer pockets and get filtered through the federal bureaucracy, which means that about 10 billion will have to be collected for 2.5 billion to make it back to the local taxpayer.
Where is the money going to come from, the money tree?
That’s right - only the unoffensive term is ‘develomental’. The rise of the Community College is further evidence that Public Schools are failing - so we now have ‘High School II’ that needs 12 billion. I wonder how many people understand the breadth of the economy that is wrapped up in the public education scam. Someone needs to do an expose on ‘Big Text Book’.
HA....the “money tree” is dying......Obomba is pouring the Roundup on ...
And Obamah has Trillions & Trillions to spend in 2 years!
I pray Americans will have had enough of The Messiah by 2010.
NO MORE SPENDING!
BALANCE OUR BUDGET BEFORE we ENGAGE IN MORE SPENDING!
STOP RUINING OUR NATION!
So much money has been wasted on sending kids through college who are not smart or disciplined enough to actually derive any real benefit from it.
The average American working taxpayer is expecting a bailout when, exactly, Barry?
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