» wellreceived http://www.macombculturalcenter.com Wed, 20 Jul 2011 04:51:45 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Banking on education: The president’s massive funding proposal is well-received at HCC http://www.macombculturalcenter.com/banking-on-education-the-presidents-massive-funding-proposal-is-well-received-at-hcc/ http://www.macombculturalcenter.com/banking-on-education-the-presidents-massive-funding-proposal-is-well-received-at-hcc/#comments Fri, 30 Jul 2010 01:06:43 +0000 http://www.macombculturalcenter.com/banking-on-education-the-presidents-massive-funding-proposal-is-well-received-at-hcc/
President Barack Obama announced a $12 billion initiative Tuesday to increase the number of college educated workers in the United States by investing in community colleges. Obama called the proposal a down-payment for a successful economy and future, and said community colleges are an undervalued asset. He spoke from Macomb Community College in Detroit, which has been hard-hit by the recession. The bulk of the initiative, $9 billion, would be distributed as grants to encourage partnerships between community colleges and high schools, four-year universities and local businesses. Obama has said he wants to increase the number of college graduates by 5 million before 2020.

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