Seacrest interviews Biden during On Air With Ryan Seacrest about his advise to college students.
What we’ve done is increased the commitment to the community colleges by $25 billion federally. That’s number one. Secondly, you will find what’s happening in your county I expect, community colleges are now partnering with businesses who are looking for employees. For example, I just was with Siemens. Siemens is a gigantic corporation. They had a choice to spend half a billion dollars to build a plant in China or in North Carolina. They chose North Carolina. They did it for a whole range of reasons, but one of them is to be able to partner with the community colleges where they went in and helped them set up tech programs, where they guarantee internships and then jobs for anybody who passes through the program. Number three, what we’ve done is seen to it that you are now able to afford to go to there [community college], but you either qualify for a Pell Grant, you qualify for a direct loan, [or] you qualify for a tax write off if you’re doing it yourself at 28. You can write off the cost of the bulk of that education. College tuition has gone up in the last ten years over 280+% more than healthcare and so, there are a lot of things that these universities and community colleges can do to bring cost down by modernizing.