Obama Proposes Free Community College

Last week President Obama unveiled an incredibly ambitious education plan - provide 2 years of community college to any American - for free.

Based on a similar program in Tennessee, the White House estimates that this plan would cost about $60 billion over the next 10 years. The plan is intended to help the US keep pace with other countries in the 21st-century global workforce.

To receive the benefit, students would have to attend college at least halftime, must keep at least a 2.5 GPA, and must make progress towards a degree or certificate. Participating colleges would be required to meet specific academic requirements, and states that participate in the program would also have to contribute some towards the program's expenses.

The White House is expected to release details on funding for this program next month.

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