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...