President Barack Obama would make tax credits for college expenses permanent and expand Pell grants for students from lower-earning families. The Republican team of Mitt Romney and Paul Ryan would emphasize the need to curb rising tuitions and federal education spending that are burdening families and the government.
The different approaches to coping with growing college costs highlight one way that Obama and the GOP ticket are competing for young voters. This important group leaned heavily toward Obama in 2008 and still prefers him, according to polls, though less decisively.
Tuitions and fees for four-year public colleges grew by 72 percent above inflation over the past decade, averaging $8,244 last year, according to the College Board, which represents more than 6,000 schools.…Read More