The American voters have extended the White House stay of Obama for second term for four more years. Economic concerns were the key focus over the 2012 presidential race as there was an urgent need to help the nation recover from its economic recession. While discussing higher education policies in his campaign trails this year, Obama brought to light his administration’s expansion of federal aid programs. Education indeed seemed to be a hot topic in the campaign trails of both the candidates.
Now that the results are out, we are to see how well Obama turns his plans and promises into actions. It is been estimated that off all the votes the president was able to bag, 60 percent of the voters aged 18-29. Let us take a quick look at two of out of the several reasons that earns him the title of a student friendly president::
- Obama has adjusted the federal student loan system and now the repayments are based in income rather than on the amount borrowed.
- The president has stopped the doubling of the student federal loan rates and has increased funding for Pell Grants that provide financial support to disadvantaged students.
- The president’s victory implies that colleges can expect federal financial aid though the support would be largely through making halts in deep spending cuts rather than spending new money in higher education programs.
- In the next 10 years he wishes to cut down the amount by which tuition fees rise every year to half.
- He visions America to be having the highest proportion of university graduates in the world by 2020.
- He looks forward to support job training initiatives through partnerships with community colleges and private college in this term. He promises that this would result in a 2 million job placements.
- He is expected to continue with advocating the Pell Grant in the budget negotiations as he has been doing for the last four years.
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- To work across all education sectors and to be open to the ideas from cities and communities rather than listening to just special interest groups.
- Encourage choice and charters so that students from failing schools are provided with better choices.
- Ensure more flexibility in approach by reforming the No Child Left Behind law.