What’s next for the community college system?
- by admin
Posted May 04, 2018 04:10:00Community colleges are the backbone of the American educational system.
They serve thousands of students each year from elementary to post-secondary, and offer a range of degrees, from law and economics to health care and accounting.
The cost of attendance is often an issue in choosing a community college.
To some extent, this is the fault of the government and the colleges themselves.
When students graduate from college they have to pay tuition and fees, and many are forced to take on loans to cover the cost of attending.
As of 2016, community colleges nationwide had more than 2 million students.
But what’s next?
The system is struggling financially and needs more money.
The Obama administration recently announced a plan to create a “public-private partnership” to provide financial assistance to community college students and provide them with a “pre-paid” loan to attend.
This is a huge deal.
But what does this mean for the state?
How does this work?
This plan would be financed by a two-tiered program.
First, students would receive a grant of up to $50,000 from the federal government and an additional $50 to $100,000 of federal grants.
Students would then receive a loan of up and up to 25 percent of their final college cost for up to five years.
This program would allow students to focus on their studies, rather than worry about how much money they are going to have to repay.
The second tier of the plan would pay for the costs of a new federal program, the Student Financial Assistance Act.
This would allow state and local governments to make grants to schools to help them pay for student aid and other services that they would otherwise be forced to provide through the existing federal loan program.
The state of Kansas, which has the largest percentage of community college graduates in the country, could potentially receive up to 20 percent of the costs, according to the Kansas City Star.
The plan is expected to be approved by the state legislature on June 16.
The first phase of the federal loan will be in place by the middle of the year.
This phase will provide up to 1.3 million students with loans up to a maximum of $35,000 per year, the Kansas Federation of Teachers said in a statement.
This money would help students get to graduate.
However, the funding will not be used to pay for tuition, books, or other expenses.
Posted May 04, 2018 04:10:00Community colleges are the backbone of the American educational system.They serve thousands of students each year…