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14 June 2009

Obama plan : Where's the education bailout?

During President Barack Obama’s campaign for the White House he made it clear what his plank on education was: to improve K-12 schools and expand access to higher education. In Obama’s plan to expand the opportunities for higher education, he stated that he wanted to make it “more affordable by expanding Pell Grants and initiating new tax credits to make sure any young person who works hard and desires a college education can access it.” According to a recent article in the New York Times, Reed College in Portland, Oregon had to deny more than 100 students worthy of admission because they needed financial assistance. The admissions officers at Reed College had already accepted these students, but no acceptance letters had been sent before this decision was made. In other words, more than 100 students who deserved acceptance letters from this private college were replaced with students who had the money to pay the $50,000 tuition bill without financial assistance and did not necessarily ‘deserve’ to attend the school. Due to the recession that the country is currently enduring more college students have applied for financial aid. At the same time many colleges and universities are making adjustments; such as cutting costs wherever they can, reducing salaries, suspending hiring of new faculty, and postponing campus improvements.

For further details visit at : www.nineronline.com/viewpoint/where-s-the-education-bailout-1.1762642

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