Obama looks to ‘educate our way to a better economy’

Obama has supported community colleges in previous budgets.

President Obama tabbed $8 billion in his new budget for online and in-person job training programs at community colleges in a move that Education Secretary Arne Duncan says will fill open workforce positions during a time of stubbornly high unemployment.

The budget that Obama is sending to Congress aims to achieve $4 trillion in deficit reduction over the next decade by restraining government spending and raising taxes on the wealthy. To help a weak economy, Obama’s proposal requests increases in transportation, education, and other areas.

A key component of the community college plan would institute “pay for performance” in job training, meaning there would be financial incentives to ensure that trainees find permanent jobs — particularly for programs that place individuals facing the greatest hurdles getting work.…Read More

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