Posts Tagged ‘Clinton Education’
The following information is based on the latest information from campaign releases and recent interviews.
Barack Obama
1. Barack Obama proposes creating a new American Opportunity Tax Credit. This universal and fully refundable credit will cover the first $4,000 of a college education.
2. Barack Obama proposes to provide $25 million annually in matching funds for states to develop Early Assessment Programs. Some states have developed an voluntary Early Assessment Program that enables 11th graders and their families to help prepare for college by the time they graduate.
3. Barack Obama wants to simplify the financial aid process by eliminating the FAFSA and its complicated calculations altogether. Instead, aid would be based on a much simpler yet equally accurate formula, so that students can predict their eligibility well in advance.
Link to more information about Barack Obama and his plan for College Tuition
Hillary Clinton
1. Proposes to provide a $3,500 tuition tax credit
2. Increasing the Pell Grant (No fixed amount given at this time) Hillary proposes to maintain the value of the Pell Grant by annually adjusting it to take account of rising college costs.
3. Proposes to create a $250 million Graduation Fund which will set out to close the diploma gap with incentive grants that challenge four-year colleges to launch performance-based efforts to improve their graduation rates, especially among low-income and minority students.
4. Simplifying the student aid process
Link to more information about Hillary Clinton and her plan for College Tuition