Washington, D.C.
President Barrack Obama proposed a $12 billion Community College Initiative on July 14, 2009. Providing direct financial assistance to institutions, the initiative would provide support for modernization and construction, distance learning, and job training. The proposal would enable an additional five million people to receive associate degrees or certificates by 2020. $2.5 billion of the funding would support loans to community colleges for facility construction and renovation.
