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Financial Aid in the News

What the 'Graduation Initiative' Means for Community Colleges (Business West)

"It's called the American Graduation Initiative, an Obama administration program to pump $12 billion into the nation's community college over the next decade," Business West reports. "While administrators at those institutions welcome the federal help, some wonder out loud whether the measure will have any meaningful impact and do what its name implies -- graduate more individuals into the workforce. Admission offices are bustling at the area's community colleges. With the economy on a downswing, people are looking to acquire skills that will open the door to better-paying jobs. Others simply can't afford the costs of four-year programs. Yet, at a time when community colleges need money to support their expanding girth, they are grappling with drastic cuts in state funding. How do they continue to pay for facilities and programs to keep the doors to higher education open? Many are pinning hopes on something called the American Graduation Initiative, recently signed by President Obama."

You can read the complete August 18, 2009 Business West article on-line.

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