Student Loan - Loans and Debt Consolidation

STRENGTHEN STUDENTS FOR AMERICA THE EMORY WHEEL

At colleges and universities across America, students are heading into the classroom, many for the first time. You re taking part in a journey that will not only determine your future, but the future of this country. We know, for example, that nearly eight in ten new jobs will require workforce training or higher education by the end of this decade. And we know that in a global economy, the nation that out-educates us today will out-compete us tomorrow. In the 21st century, America s success depends on the education our students receive.

That s why, soon after I took office, I proposed an ambitious goal: by 2020, America will once again have the highest proportion of college graduates in the world. And over the past year and a half, we ve been putting in place policies to help us meet this goal.

First, we are making college more affordable. As students, you know why this matters. Over the past ten years, college costs have shot up faster than housing, transportation, and even health care costs. The amount student borrowers owe has risen almost 25 percent in just five years. This isn t some abstract issue to me. Michelle and I had big loans to pay off when we graduated.

We re tripling the investment in college tax credits for middle class families. We re raising the value of Pell Grants, and we ll make sure they increase each year to better keep up with inflation. We re making loan repayments more manageable for more than one million more students. Future ...[more]