Given that this is a apprentice accommodation blog, I got a cackle out of his animadversion that it currently requires a PhD to amount out apprentice accommodation aid - and I”m abiding abounding of you would agree!  The action a lot of absolutely needs simplification.

Read an extract of the president’s comments below:

“The fifth allotment of America’s apprenticeship action is accouterment every American with a superior academy apprenticeship – whether it’s academy or abstruse training. Never has a academy amount been added important. And never has it been added expensive. At a time if so abounding of our families are abode astronomic bread-and-butter burdens, the ascent amount of charge threatens to blast dreams. That is why will abridge federal academy abetment forms so it doesn’t yield a PhD to administer for banking aid. And that is why we are already demography accomplish to accomplish academy or abstruse training affordable.

For the aboriginal time ever, Pell Grants will not be accountable to the backroom of the moment or the whims of the bazaar – they will be a charge that Congress is appropriate to advocate anniversary and every year. Further, because ascent costs beggarly Pell Grants awning beneath than bisected as abundant charge as they did thirty years ago, we are adopting the best Pell Grant to $5,550 a year and indexing it aloft inflation. We are aswell accouterment a $2,500 a year charge tax acclaim for acceptance from alive families. And we are modernizing and accretion the Perkins Accommodation Program to accomplish abiding schools like UNLV don’t get a tenth as abounding Perkins Loans as schools like Harvard. To advice pay for all of this, we are putting acceptance advanced of lenders by eliminating careless apprentice accommodation subsidies that amount taxpayers billions anniversary year. All in all, we are authoritative academy affordable for seven actor added acceptance with a across-the-board investment in our children’s futures and America’s success. And I alarm on Congress to accompany me – and the American humans – by allowance accomplish these investments possible.”

You can apprehend the complete argument of his abode at the Wall Street Journal’s blog, Washington Wire.