Learn about President Obama's budget proposals, entitled "A New Era of Responsibility," and the provisions outlined that will help community college students access affordable education.
As workers face a bleak economy
with high rates of layoffs and low rates of new employment, President Obama has initiated new plans to help workers become more educated to compete in the job market.
In fact, in Obama’s recent 2009-2010 budget proposal, he clearly made college education a focal point for the improvement and success of the United States. Titling this budget proposal “A New Era of Responsibility,” Obama is seeking to provide students with additional financial aid support through both student loan programs and Pell Grant programs. With this approach, current and future college students may be able to save money
while preparing for their futures.
An Increase in Aid
Through the proposal, President Obama asserts that the path to an enhanced economy and society is achieved through education. As the document states, college should be more properly funded and supported to, “Make sure that we have a highly-educated workforce and that the opportunity to go to college is not determined by how much money you have.”
To allow all individuals, regardless of income, to gain access to higher education opportunities, Obama’s proposal to increase student loan
and Pell Grant financial aid support should stimulate an almost immediate benefit. Essentially, the 2009-2010 budget proposal allows for an increase in the maximum Pell Grant amount for each student. Currently, the Pell Grant maximum was capped at $4,731 per person; Obama has proposed to raise this maximum to $5,350 per person.
In addition to boosting the provisions for Pell Grants, Obama