OK, OK, so maybe the student-loan bill didn’t deliver as much as originally hoped, but the positive impact this is going to have on community colleges can’t be denied.
President Obama called the student lending overhaul “one of the most significant investments in higher education since the GI Bill.” He went on to say that community colleges are “one of the great undervalued assets in our education system.”
The measure signed on Tuesday provides $2 billion for job training at community colleges. Although not as much as the $10 billion originally asked for in the bill, the $2 billion will certainly be a boon to community colleges and the students the help. And, after issuing the challenge to community colleges last summer to produce five million more graduates in the next ten years, the financial support of this bill will be extremely valuable.