“What college you go to may be one of the least important decisions in your life,” said Vice President Joe Biden yesterday in Ohio. “It’s deciding to go that is the most,” he said.
Secretary Duncan joined Biden at Lincoln High School in Gahanna, Ohio yesterday to speak to students and parents about the importance of college and college affordability, and to answer questions from the audience. “The jobs of the future are going to require some type of higher education,” Duncan said, explaining that it could be college, community college, trade school, or technical or vocational training.
The Vice President and Secretary Duncan described the steps that the Obama Administration is taking to ensure that college stays within reach of the middle class, including:
- Increasing the maximum size of Pell Grants by $800 to $5,550.
- Increasing the number of students who receive Pell Grants from 6.1 million in 2008 to over 9 million today.
- Enacting a tuition tax credit worth up to $10,000 over 4 years.
- Ensuring that future graduates won’t have to spend more than 10% of their discretionary income on student loan payments.
Duncan also explained that ED has simplified the FAFSA form, making it easier for students to apply for aid in the first place.
While Vice President Biden encouraged the students in attendance to commit to higher education, Secretary Duncan said that the next step is finishing. “Whatever it takes to get you across the finish line,” he said.