Analysis of President Obama’s plan: Education
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Analysis of President Obama’s plan: Education

Washington : DC : USA | Oct 01, 2012 at 11:27 AM PDT
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Reducing Your Student Loan Debt: Barack Obama's Plan to Help College Student Loan Borrowers

Part five of a seven-part series

Barack Obama's Plan for America: Education

President Obama has taken an approach on education that includes reforming student loan repayment, offering incentives to keep good teachers in the classroom, implementation of Race to the Top and expansion of the 9/11 GI Bill. The president has strengthened the Pell Grant program by increasing funding by 95 percent in an effort to make obtaining a higher education more accessible for students who cannot afford college.

Student Loan Repayment

Obama fought to prevent student loan interest rates from doubling. He set a goal to reduce tuition by half over the next decade. He will reduce student aid available to colleges that will not reduce their costs. He also placed a cap of 10% of income on student loan repayment. His intention in implementing these changes is to encourage students to make decisions based on their career objectives rather than being hindered by tuition prices. Mitt Romney has suggested that students borrow the money from their parents or shop around for the least expensive educational opportunities.

Incentives to keep good teachers in the classroom

Obama understands the impact a good teacher can have on students. He is awarding $290 million in grants that will reward top ranking teachers and increase opportunities for teachers who work in impoverished schools. The funds will flow to almost 1,000 schools in 18 states, according to the Department of Education. This program is designed to give incentives to schools through evaluation of faculties and performance-based pay. The president does not see education as a “top-down, one-size-fits-all” issue and he supports giving states the flexibility to be creative in their attempt to improve the quality of education they offer to their students.

Race to the Top

The president supports a national effort to improve the quality of education for all students. This initiative spurred 46 states to raise standards as well as rewarding innovative approaches to improving the quality of education. By raising the standards of education, attracting and retaining high quality educators, utilizing innovative approaches to help struggling school systems turn around and encouraging a collaborative environment, the president believe that all American students can receive a higher level of education which will prepare them for college and entering the work force when they become adults.

Expanding 9/11 GI Bill

The president has implemented various programs that improve the services available to war veterans as they reintegrate to society after serving our nation. With the changes made to the GI Bill, more than 800,000 veterans and family members have been able to pursue a higher education.

Summary

Obama has taken an approach to education that improves the quality of education students receive, making attending college less cost prohibitive and helping our veterans and their families receive educational opportunities.

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Additional articles in this series:

Analysis of President Obama’s plan (summary)

Analysis of President Obama’s Plan- Health Care

Analysis of President Obama’s Plan: Jobs & Economy

Analysis of President Obama’s Plan- Taxes

Analysis of President Obama’s Plan- Women’s Issues

Analysis of President Obama’s plan: Seniors

Resources:

Reducing Your Student Loan Debt: Barack Obama's Plan to Help College Student Loan Borrowers

Gov't awards $290 million for teacher incentives

Fact Sheet: The Race to the Top

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Amee Ellsworth is based in Bennett, Colorado, United States of America, and is an Anchor for Allvoices.
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