- $9 billion in competitive grants to community colleges and states over ten years
- $10 billion loan fund to expand community college facilities
- $50 million to expand online learning options
The expected proposal is speculated to have largely been structured on a May 2009 report from the National Center on Education and the Economy, entitled TRANSFORMING AMERICA’S COMMUNITY COLLEGES -- A FEDERAL POLICY PROPOSAL TO EXPAND OPPORTUNITY AND PROMOTE ECONOMIC PROSPERITY, may be found at http://www.brookings.edu/~/media/Files/rc/reports/2009/0507_community_college_goldrick_rab/0507_community_college_full_report.pdf.
The President’s op-ed may be found at http://www.washingtonpost.com/wp-dyn/content/article/2009/07/11/AR2009071100647.html.
This is in The Chronicle of HE blog: http://chronicle.com/news/article/3980/obama-says-community-colleges-key-to-economy
And on MSNBC--
http://www.msnbc.msn.com/id/31908274/ns/business-stocks_and_economy/
BUT WILL HE PLAY IT COOL?