Obama Proposes Interesting Student Aid Plan
Hereâ€™s and interesting initiative proposed by Barack Obama.
He wants to give students a $4,000 tax credit to be used towards tuition â€“ but thereâ€™s a catch. To earn the credit, the students would have to complete 100 hours of community service.
Plus, since itâ€™s a tax credit (rather than a plain ole handout), students will have to be working and paying taxes in order to benefit. Thus the initiative will directly influence those students who are most in need of assistance, such as those with families who are returning to school or those without parental or spousal resources on which to draw.
Although the details of the plan arenâ€™t available (i.e. what qualifies as community service), this sounds like the kind of smart initiative that balances federally provided opportunity with personal responsibility.