President Barack Obama wants publicly funded community college available to all Americans, a sweeping proposal that would make higher education as accessible as a high school diploma to boost weak U.S. wages and skills for the modern workforce.
The initiative’s price tag has yet to be revealed, and it faces a Republican Congress averse to big new spending programs. But it will likely be a centerpiece of Obama’s State of the Union Address in a week and a half.
But the White House tweeted on Thursday that ‘President Obama’s plan could save a full-time student an average of $3,800/year in tuition.’
If all 50 states were to participate – they would have to pick up the tab for one-quarter of the tuition cost – the idea could benefit up to 9 million students, the White House officials said in a fact sheet Friday morning.
Those figures could be costly, adding up to $34 billion per year, provided Congress green-lights the proposal…