Chris
Council Member
(CNN) -- President Barack Obama unveiled a new college affordability plan Friday, proposing to further expand student financial aid while providing more assistance to schools that hold tuition down and cutting aid to those that do not.
The plan is part of a populist White House pitch to middle class families that promises to play an integral role in the Democrats' 2012 campaign.
Appearing before a raucous student crowd in Michigan -- a potentially critical swing state this year -- Obama outlined plans to boost total federal spending on Perkins loans from $1 billion to $8 billion. He also announced plans to push for the creation of a $1 billion competition encouraging states to contain public tuition rates, among other things.
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What do you think about this move?
The plan is part of a populist White House pitch to middle class families that promises to play an integral role in the Democrats' 2012 campaign.
Appearing before a raucous student crowd in Michigan -- a potentially critical swing state this year -- Obama outlined plans to boost total federal spending on Perkins loans from $1 billion to $8 billion. He also announced plans to push for the creation of a $1 billion competition encouraging states to contain public tuition rates, among other things.
SOURCE
What do you think about this move?