Diamond Member Pelican Press 0 Posted March 11 Diamond Member Share Posted March 11 Biden proposes expanding free community college across the U.S. Woman with hands raised in the classroom Fg Trade | E+ | Getty Images President Joe Biden has proposed expanding free community college across the U.S., and other initiatives to lower higher education costs. The plans, announced Monday as part of Biden’s $7.3 trillion budget for fiscal year 2025, face slim chances of becoming law this year with Republicans in control of the House. Still, the budget reflects the president’s policy priorities as he seeks re-election in November. “With these investments, we can deliver an excellent education to all students, improve learning conditions, build pathways to college and careers, and increase postsecondary education affordability and access,” U.S. Secretary of Education Miguel Cardona said in a statement. More from Personal Finance:Many think pensions key to achieving ********* DreamHow to avoid unexpected fees with payment apps‘Ghosting’ gets more common in the job market After the Supreme Court blocked Biden’s sweeping student loan forgiveness plan in June, his administration has explored all of its existing authority to leave people with less student debt. It has now canceled debt for almost 3.9 million borrowers, totaling $138 billion in relief, through fixes to forgiveness programs that borrowers historically had trouble accessing. The president’s budget builds on those efforts by further addressing the student loan crisis and offering more ways for people to get through their schooling without going into debt. Biden’s presumptive *********** opponent, former President Donald Trump, called for slashing the U.S. Department of Education’s budget during his term in the White House. In contrast, Biden is requesting additional funding for the agency — $82.4 billion for 2025, a $3.1. billion increase from 2024 — to subsidize educational costs for many Americans. ******* Pell Grants, fee cuts on student loans Biden’s budget calls for increasing the discretionary maximum Pell Grant to $8,145, a $750 raise from the current level. The federal Pell Grant program, signed into law in 1965, is one of the largest sources of financial aid available to college students. This is the hidden content, please Sign In or Sign Up under;graduate students received the grants in 2020, and more than 90% of recipients came from families with household incomes below $60,000 in 2015-2016, according to higher education expert Mark Kantrowitz. The president’s budget also calls for This is the hidden content, please Sign In or Sign Up on federal student loans, and $2.66 billion to support student loan borrowers as they return to repayment, including improvements to loan servicing. Expand free community college The president’s budget would expand free community college across the U.S. through a federal-state partnership. “The free community college proposal is a big development,” Kantrowitz said. Subsidized community college, he added, “will make college much more affordable for low-income students and help them transition quickly into good-paying jobs.” In addition, Biden proposes providing two years of subsidized tuition for students from families earning less than $125,000 and enrolled in certain schools, including a Historically ****** College and University and a Tribally Controlled College and University. Biden also wants to establish a $12 billion “Reducing the Costs of College Fund,” which would create a new $7.2 billion program to provide states with matching funds to offer at least 12 free postsecondary credits to students in certain career-connected programs. This is the hidden content, please Sign In or Sign Up Personal finance,Breaking News: Politics,Politics,Social issues,Personnel,Joe Biden,Government and politics,******* States,Joe Biden,business news #Biden #proposes #expanding #free #community #college #U.S This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/1616-biden-proposes-expanding-free-community-college-across-the-us/ Share on other sites More sharing options...
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