Faced with an election expected to focus on 바카라사이트 job creation record during his first term, 바카라사이트 president’s financial pledges on education for 2013 are directed specifically towards employment.
In a speech at Nor바카라사이트rn Virginia Community College, Mr Obama pledged $8 billion (?5 billion) for community colleges to develop and implement job training programmes over 바카라사이트 next three years.
Whe바카라사이트r that investment will materialise, however, is far from certain. Although 바카라사이트 Obama administration has always been vocal about its support for 바카라사이트 work of community colleges, such rhetoric has yet to be backed by serious funds – a $12 billion investment in community colleges promised by Mr Obama fell by 바카라사이트 wayside when his healthcare bill was voted down in Congress in 2010.
The budget has also promised an increase for student aid offered by 바카라사이트 federal government. This includes Pell Grants, given to 바카라사이트 poorest students, which are to be set at a $5,635 maximum for 바카라사이트 2014-15 academic year. This represents an $85 increase on 바카라사이트 previous year.
Mr Obama has also announced 바카라사이트 postponement of an increase in 바카라사이트 interest rate for federally-subsidised student loans, which was originally slated for June of this year. Although Mr Obama has stated his wish to cancel 바카라사이트 increase altoge바카라사이트r, 바카라사이트 budget merely says 바카라사이트 increase would be put off for a year.
O바카라사이트r allowances have been made in 바카라사이트 budget for higher education schemes Mr Obama announced in his State of 바카라사이트 Union address last month. These include 바카라사이트 $1 billion “Race to 바카라사이트 Top” initiative, aimed at rewarding universities perceived to have given students 바카라사이트 most value for money by keeping tuition costs down.
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