The Michigan Daily - michigandaily.com Tuesday, September 4, 2012 - 3C ALDEN REISS/Daily ERIN KIRKL President Barack Obama address a crowd of 4,000 at Al Glick Field House on Friday. University officials and campus leaders wave as President Barack Obama takes the stage. Obama advocates for financial aid 4,000 pack Al Glick Field House on Friday By BETHANY BIRON and JOSEPH LICHTERMAN ManagingNews Editor and Editor mo Chief- Speaking before a bleary- eyed capacity crowd of 4,000 who waited in the wee hours of the morning Friday to secure a prime spot, President Barack Obama stressed the importance of higher education by announc- ing a handful of new proposals to combat student debt. During his address at Al Glick Field Htuse, the Michigan football team's indoor practice facility, Obama unveiled a plan that would allocate $10 billion in fe'deral aid each year to col- leges and universities that limit tuition increases. Ann Arbor was Obama's last stop on a three-day, five-state, trip following his State of the Union address on Tuesday." "We are putting colleges on notice you can't keep - you can't assume that you'll just jack up tuition every single year," Obama said. "If you can't stop tuition from going up, then the funding you get from taxpayers each year will go down." Obama also proposed a $1 bil- lion Race to the Top program that chould award funding to states that make an effort to con- tinue to fund higher education and limit tuition hikes. "We're telling the states, if you can find new ways to bring down the cost of college and make it easier for more students to graduate, we'll help you do it," Obama said. "We will give you additional federal support if you are doing a good job of making sure that all of you aren't loaded up with debt when you graduate from college." In an interview with The Michigan Daily, Secretary of Education Arne Duncan said the administration is working to make more resources available to students. The president's stu- dent aid reforms would mostly increase the amount of need- based Perkins Loans available to low-income students. "We can't do it by ourselves," Duncan said. "So we're going to try to put out a$1billiontaxincen- tive to states and to colleges to do the right thing. We're challenging states to continue to invest even in tough times and we're challeng- ing universities to do two things - keep tuition rates down and increase graduation rates." Obama put pressure on Con- gress to make the American Opportunity Tax Credit - which provides college students with up to $10,000 over four years - per- manent, and to double the number of federal work study jobs avail- able to students. The Obama administration will also boost its efforts to make financial. aid information more accessible for families by creating several online tools that provide comprehensive information about what types of aid institutions offer. "From now on, parents and students deserve to know how a college is doing - how afford- able is it, how well are its students doing," Obama said. "We want you to know how well a car stacks up before you buy it. You should know how well a college stacks up." Speaking under an array of Big Ten championship banners and atop a platform placed upon a block 'M' on the indoor field, Obama also congratulated the football team on its Sugar Bowl win, calling the team "a force to be reckoned with" under junior quarterback Denard Robinson, who was sitting among congress- men and state officials during the speech. In an interview with The Michigan . Daily before the speech, Robinson said he was impressed with the amount of student support. "It's great to see President Obama, I couldn't miss it," Robin- son said. "A lot of people came out and came to support him."' After the speech, University President Mary Sue Coleman lauded Obama's attention to the need for the federal government to collaborate with universities around the nation in an effort to develop efficient policies that minimize student debt and increase accessibility. "College affordability is extraordinarily important for all of us and I was so pleased that he recognizes the complexity - the fact that the state has a role, the federal government has a role, universities have a role - and all of them have to be working together to make this possible," Coleman said. Coleman stressed the need for the state to continue to invest in higher education, particularly following years of repeated cuts in funding alocation to public colleges within the state, includ- ing a 15-percent reduction in funding in 2011 under Republi- can Gov. Rick Snyder. "One of the things that (Obama) did point out very clearly was the dramatic disin- vestment that the states have made, and one of the most harsh has been in Michigan," Coleman said. "We have suffered from that, and we've done a good job of cutting costs, we've continued to try to cut costs but we have to have a reinvestment by the state." Coleman added that achiev- ing the goal of effectively work- ing among universities, state governments and the federal government to increase college affordability is going to be chal- lenging, but an endeavor she is optimistic about for the future. "I think universities should be challenged to find more efficient ways to save money, and we've been doing that aggressively at Michigan for the past 10 years and I have no problem finding ways," Coleman said "... And we're unwilling to lower quality, because I think what the presi- dent said that is important, is that we have the best higher educa- tion system in the world. 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