Colleges and universities will be among the anchor institutions in an ultra high-speed nationwide internet network after President Obama on July 2 announced more than $760 million in grants designed to expand broadband web access.
The Departments of Commerce and Agriculture will dole out the federal broadband funding, which will go to 66 recipients, including municipalities, web service providers, libraries, and colleges, according to the White House.
Federal officials estimate that the funds will create 5,000 jobs in the nation’s slumping economy.…Read More