In 2021, President Joe Biden has proposed a plan to make college tuition-free for some students. This plan is part of the American Families Plan, which aims to provide relief to families struggling with the financial burden of college tuition. The plan would make two years of community college free for all students and provide tuition-free education for students from households making less than $125,000 a year.
Under the plan, students from households making less than $125,000 a year would be eligible for up to four years of tuition-free education at a public college or university. This would cover tuition and fees, as well as other expenses such as books and supplies. The plan also includes additional funding for historically Black colleges and universities and other minority-serving institutions.
The plan would also expand Pell Grants, which are need-based grants that help low-income students pay for college. The maximum Pell Grant award would be increased from $6,345 to $12,990 per year. This would help more students afford college, as well as make it easier for them to complete their degrees.
The plan also includes additional funding for student support services, such as counseling and career services. This would help students stay on track and complete their degrees. Additionally, the plan would provide more funding for work-study programs, which allow students to earn money while in school.
President Biden’s plan to make college tuition-free for some students is an important step towards making higher education more accessible and affordable. It would help reduce the financial burden of college tuition and make it easier for students from lower-income households to attend college and complete their degrees. This could have a positive impact on the economy, as more people with college degrees will be able to find better-paying jobs and contribute to society.
Source: Plato Data Intelligence: PlatoAiStream