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White House event to recognize KY's college readiness plans

In an effort to expand college access, the Obama Administration has increased Pell scholarships by $1,000 a year, created the new American Opportunity Tax Credit worth up to $10,000 over four years of college, limited student loan payments to 10 percent of income, and laid out an ambitious agenda to reduce college costs and promote innovation and competition.
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By Sue Patrick

Today, Thursday, December 4, 2014, Council on Postsecondary Education President Bob King will join President Obama, the First Lady and Vice President Biden along with hundreds of college presidents and other higher education leaders to announce new actions to help more students prepare for and graduate from college.




The White House College Opportunity Day of Action helps to support the President's commitment to partner with colleges and universities, business leaders, and nonprofits to support students across the country to help our nation reach its goal of leading the world in college attainment.

"We are honored that Kentucky is being recognized for the great work being done across the state, on our campuses and throughout K-12 to advance college and career readiness and student success," said Council President Bob King.

Kentucky's established programs have helped move the needle on college readiness and college completion. State efforts focus on closing achievement gaps among low-income students, underrepresented minority students, and students who enroll in college but are unprepared in one or more academic areas.

State initiatives include bridge programming for students not meeting readiness benchmarks and GEAR UP's College and Career Readiness curricula provides structured classes to more than 12,000 students in low-income middle and high schools in 21 school districts, among many others.

The President will announce new steps on how his Administration is helping to support these actions, including announcing $10 million to help promote college completion and a $30 million AmeriCorps program that will improve low-income students' access to college. Today's event is the second College Opportunity Day of Action and will include a progress report on the commitments made at the first day of action on January14, 2014.

Expanding opportunity for more students to enroll and succeed in college, especially low-income and underrepresented students, is vital to building a strong economy and a strong middle class. Today, only 9 percent of those born in the lowest family income quartile attain a bachelor's degree by age 25, compared to 54 percent in the top quartile. In an effort to expand college access, the Obama Administration has increased Pell scholarships by $1,000 a year, created the new American Opportunity Tax Credit worth up to $10,000 over four years of college, limited student loan payments to 10 percent of income, and laid out an ambitious agenda to reduce college costs and promote innovation and competition.


This story was posted on 2014-12-04 13:48:59
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