Obama wants to boost grad rates
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
Here's CNN's preview of his speech today.
Here's the job ahead of him:
... the U.S. would need to add more than 10 million college graduates over the next 10 years.
And here's a mechanism he wants to use:
The administration plans to fund the initiative by eliminating "middleman" banks from the loan process and provide loans directly to students. That move will free $60 billion to pay for more Pell Grants, Duncan said. The president also plans to increase the education tax credit for middle-class families and increase investment by $2 billion to community colleges.
Support Local News
When breaking news happens, MPR News provides the context you need. Help us meet the significant demands of these newsgathering efforts.