Headline Roundup May 9, 2015
Debt and Higher Education
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Washington Times
President Obama on Friday called on Congress to close tax loopholes for millionaires and billionaires and use the savings to offer all Americans a higher education, saying that two years of free community college is in βeverybodyβs interest.β
Speaking at Lake Area Technical Instituteβs commencement ceremony in Watertown, South Dakota, the president said community colleges will play an increasingly vital role in the 21st-century economy. Mr. Obama has proposed two years of free community college for everyone, but his plan remai
President Barack Obama checked off his pledge to visit all 50 states while in office with a commencement address at a South Dakota community college that he called a model for preparing young Americans for the modern workforce.
βI believe that in a fast-paced, hyper-connected, constantly changing world, there are few institutions that are more important to Americaβs economic future than community colleges,β Obama told students at nationally-recognized Lake Area Technical Institute in Watertown, South Dakota. βWe should have faith in people like you. We should invest in people like...

HuffPost
Federal law allows students who were defrauded by their colleges into taking out federal student loans to have their debts forgiven. The Obama administration has said repeatedly it will ensure aggrieved borrowers get this form of relief, a commitment that Education Undersecretary Ted Mitchell reiterated this week following the bankruptcy filing of troubled for-profit school operator Corinthian Colleges Inc.
But thatβ
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