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Obama: Offer $4,000 Toward a College Education in Exchange for 100 hours of service

Obama: Offer $4,000 Toward a College Education in Exchange for 100 hours of service

Marta Fernandez · Friday, December 26th 2008 at 11:17PM · 1186 views
I call this the Dream vision--I worked two tours of Americorps for $6,500!(2 years)

The new American Opportunity Tax Credit that will ensure the first $4,000 of a college education is completely free for most Americans,and will cover two thirds the cost of tuition at the average public college or university.

Recipients of this credit will be required to conduct 100 hours of public service a year!! (emphasis mine),either during the school year or over the summer months.

He also believes we need to raise the threshold in the Federal Work-Study Program from 7 to 25 percent so that more students can afford to engage in public service.

This will help more than 200,00 college students a year complete part-time public service while they are in school.

In this generous offer there is a match a law school in Calif. that will offer free tuition to the first 60 students of its incoming class!

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Comments (2)

Marta Fernandez Saturday, December 27th 2008 at 9:57AM

That's right Corey--thank you. I will share the info on the new plan for AmeriCorps!!so if you went through the program we are AmeriCorps fellows, did you?

stephen futado Saturday, December 27th 2008 at 2:28PM

if you get a chance to read "THE END OF WORK" by jerome rifkin, then it is worth your while. near the end it talks of how volunteerism is the least spoken third sector of our economy. i am looking for the day when our volunteer hours will be somewhere on our tax forms as some sort of tax credit. my goal now is to work full-time from home with the rest of my time being donated to my favorite causes like, autism and young business entrepreneurs.

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