"Fourth, we need to invest in the skills and education of our people.
This year, we have broken through the stalemate between left and right by launching a national competition to improve our schools. The idea here is simple: instead of rewarding failure, we only reward success. Instead of funding the status quo, we only invest in reform – reform that raises student achievement, inspires students to excel in math and science, and turns around failing schools that steal the future of too many young Americans, from rural communities to inner-cities. In the 21st century, one of the best anti-poverty programs is a world-class education. In this country, the success of our children cannot depend more on where they live than their potential.
When we renew the Elementary and Secondary Education Act, we will work with Congress to expand these reforms to all fifty states. Still, in this economy, a high school diploma no longer guarantees a good job. I urge the Senate to follow the House and pass a bill that will revitalize our community colleges, which are a career pathway to the children of so many working families. To make college more affordable, this bill will finally end the unwarranted taxpayer-subsidies that go to banks for student loans.Instead, let’s take that money and give families a $10,000 tax credit for four years of college and increase Pell Grants. And let’s tell another one million students that when they graduate, they will be required to pay only ten percent of their income on student loans, and all of their debt will be forgiven after twenty years – and forgiven after ten years if they choose a career in public service. Because in the United States of America, no one should go broke because they chose to go to college. And it’s time for colleges and universities to get serious about cutting their own costs – because they too have a responsibility to help solve this problem."
President Barack Obama's State of the Union was a brilliant exercise in eloquence, compromise, strength, and hope. Though there were many highlights, the section that obviously stood out the most to me was when he talked about education. I can only hope that he follows through on his words, because this is something that hits close to home for me and millions of other students in the United States, who are taught to "invest" in their education and thus begin their career as an adult in debt. With this job market the way it's been, it's getting harder and harder to justify spending money on a higher education; however, it's also getting harder and harder to get a job without a college degree. Let's hope that 2010 brings the change we need to truly reform the education system in America.