What is said to be the largest investment in education to date,
President Barack Obama has introduced the American Recovery and
Reinvestment Act (ARRA). It addresses key issues, including
teacher layoffs, college affordability and educational
improvements, according to the White House Web site. College
affordability has been a growing concern in recent years as its
rising costs far outpace the inflation rate of both family
income and the price of necessities, including medical care,
food, housing and transportation. In an effort to offset some of
those costs, Obama aims to help students and families with a
wide range of household incomes to make post secondary education
more affordable, states the National Center for Higher
Education. The ARRA includes $30 billion dedicated solely to
making post secondary education more affordable, according to
the Whitehouse.gov. With the restructure and further investment
of education, Obama aims to have the highest proportion of
students graduating from college in the worl