Monday, November 5th, 2012

Where Obama and Romney Stand on Education

United States - Election

Education in America

Tuesday’s US election will no doubt garner its usual attention from Canadian audiences. So where does each candidate stand on the education issue?

StudyMagazine breaks down both President Barack Obama and Republican nominee Mitt Romney’s position on education in America:

Obama Would:

  • Expand federal aid for students, including increasing Pell Grant aid
  • Grow the Perkins loans’ (need-based aid provided by the Department of Education) budget by $7 billion
  • Introduce a one billion dollar grant competition in the style of Race to the Top, a program in which states were awarded points based on how they were improving their K-12 schools.
  • Cap student loan repayment at 10 percent of a graduate’s monthly income
  • Ensure unpaid debt would be forgiven in 20 years

Romney Would:

  • Bring back private bank-based lending for student loans, which the Obama administration did away with
  • Institute his education plan, titled “A Chance for Every Child”
  • Refocus Pell Grant money “on the students that need them most and place the program on a responsible long-term path that avoids future funding cliffs”
  • Ensure that students pay back loans and not “expect the government to forgive the debt that [they] take on.”
Ryan Leclaire
Author: Ryan Leclaire
Ryan has been writing for 7 years and has been featured in Chatelaine, Canadian Living and Cottage life.
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