Campus Compact

Educating citizens • building communities

Home > News > News of Interest > President Obama…

news.jpg

President Obama Underscores Need to Eliminate Wasteful Spending in Federal Student Loan Program, Reinvest Savings in Making College More Affordable

(4/28/2009)

Today, President Obama met with a family struggling to afford the cost of college and released a new analysis of the impact of his plans to increase student aid…. He will make a historic investment in college affordability: together, the American Recovery and Reinvestment Act (ARRA) and the President’s Budget provide about $200 billion in Pell Grant scholarships and tax credits over the next decade.

Read the full press release here.

A first-rate education, includes civic responsibility as well as academic preparation.... With the right programs in place, our schools can provide a wonderful opportunity for students to come together and learn the skills that will keep our democracy strong."

-Arne Duncan, U.S. Secretary of Education

Navigation