Obama New college Pell grant to reduce tuition fees

President Obama wants to reduce the college tuition fees in half in next decade. As the fees are rising, students could not able to pay their debt completely. Fees keep rising and create problems for students. As per college data, the fees has raised to 40% to $3,122 and in 4 years program, it has 68% risen.

President Obame suggested the states to have a new grant program that reduce cost of the college fees and make it easy for students. They are going to engage to priority higher education and make all the college affordable and reduce the cost of the college in whole country.

Under this proposal, the Obama Administration would far aid away from the colleges which fail to keep fees down. This plan has their own campus based aid program, work study program, Perkins loans and supplemental grants for low-income student’s grants. This plan will be increasing federal grants up to $10 billion which was only $3 billion.

President Obama is going to make it short term rather than long term like federal aid programs like Pell grants and Stafford loans, they provide us such grants which is can be using in any colleges.

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