A report from The Oshkosh Northwestern:
WASHINGTON — President Barack Obama wants community colleges and businesses to work together to train 2 million workers in high-growth industries, and recently requested $ 8 billion to create a fund to encourage the effort.
Obama’s plan is called the “Community College to Career Fund,” the White House said. It would seek to train workers within areas such as health care, transportation and advanced manufacturing, and would be administered by the Education and Labor departments.
The proposed fund is part of a new budget Obama is sending to Congress. It aims to achieve $ 4 trillion in deficit reduction over the next decade by restraining government spending and raising taxes on the wealthy. In an election year with a gridlocked Congress, nearly every aspect of the budget will face tough scrutiny.
A key component of the community college plan would institute “pay for performance” in job training, meaning there would be financial incentives to ensure that trainees find permanent jobs — particularly for programs that place individuals facing the greatest hurdles getting work. It also would promote training of entrepreneurs, provide grants for state and local government to recruit companies, and support paid internships for low-income community c……….. continues on The Oshkosh Northwestern.
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