Molly Broad, former UNC system president and now president of the American Council on Education, was on hand in Detroit today to hear the president outline a plan to increase spending on community colleges.
President Barack Obama today proposed spending $12 billion over 10 years on workforce training at the nation's community colleges, which are being bombarded with new students as the recession grinds on. Obama said he wanted to graduate five million additional community college students by 2020.
"I applaud the president for his effort to enhance the good work being done at our nation's community colleges," Broad said in a statement. "This investment will go a long way toward meeting our nation's work force needs at this critical time when the economy is struggling."
Broad said higher education leaders will be watching the proposal closely, and don't yet have a detailed understanding of how it will work. Congress would have to approve the money, which would come from the elimination of an education loan program.
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