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" Preview: Obama's 2013 Budget February 13, 2012 - 3:00am By Libby A. Nelson WASHINGTON -- President Obama today will propose spending $8 billion on job training programs at community colleges over the next three years, part of a budget for the 2013 fiscal year that also would increase spending on Education Department programs and some scientific research. The president will outline the job-training proposal in more detail in a speech at Northern Virginia Community College this morning. But unlike past calls to spend more on community colleges, this plan is aimed squarely at an election-year message of "jobs, jobs, jobs" rather than the administration's goal of increasing the number of Americans with college degrees. The proposal, as outlined by Education Department officials Sunday evening, builds on job training programs already in existence -- especially the Trade Act Assistance Community College Career Training Program, which began making grants to community colleges in September. If approved by Congress, the president's proposal would provide $1.3 billion each per year to the Education and Labor Departments, on top of the trade act grants. While it's unclear whether the money would create new federal programs or build up existing ones, the funds would be spent at community colleges that train workers for jobs in high-demand fields, according to materials released by the Education Department. Programs that are especially successful at finding jobs for their graduates, or at placing those who traditionally have difficulty finding work, would be eligible for additional money. The grants would also be used to encourage partnerships between businesses, states, local governments and community colleges, and to create an online course to encourage entrepreneurs. The money would also support paid internships for low-income college students. But the plan would shut out for-profit colleges, which would not be eligible for the additional funds -- a move alm

"he Obama administration is drawing attention to the hemorrhage of low-income and minority students out of the educational pipeline as a current national problem heading toward a future national crisis. On target are government efforts to expand federal financial aid and community college. These strategies should result in more students with the means and academic support to pay for college and graduate."

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View & apply for Core Java Developer job in Chicago, Illinois, USA at Red Circle. Since 1998, Synthesis has developed into a market leader in document automation in the financial ser

Writing a will in your 20s might seem premature. But even young workers with meager assets should consider preparing a will and other legal documents -- such as a health-care directive and durable power of attorney -- to make sure their personal, financial and medical wishes are met if they become disabled or pass away.

The prospect of losing one's job is a very daunting fear for most people. Changes that come with the loss of a job can affect one socially, emotionally as well as financially.

"The pair lives very comfortably, without wants or financial worries. They've had no trouble making friends in their new community because the folks in Belize speak English. They eat out three or four times a week. They barbecue lobster and filet mignon at home. They have reliable Internet to keep them connected to the outside world. By choice, they do not have a television. "I used to think that the news was important," Jason explains. "But not anymore." The retired couple has a maid and a gardener, each of whom visit once a week."

"Big, complex problems require the work of multidisciplinary teams. Consider prostate cancer. Decades of research and billions of dollars have led to the understanding that neither doctors, chemists, biolo­gists, nor engineers can arrive at a cure on their own. That multifaceted approach is gaining acceptance among the vari­ous individuals and organizations concerned with solving great problems. When giving research money to colleges, founda­tions and government agencies often require that investigators come from multiple academic disciplines as a condition of financial support."

Recent economic events have forced colleges and universities to streamline their academic offerings congruent with a more pragmatic cost-benefit approach, usually at the expense of their liberal-arts programs. When a foreign-language or philosophy department graduates only a few students per year, there is no financial argument to be made for keeping the department intact. Traditional reasoning about the enrichment of the "student as future citizen" can only go so far when parents who pay the tuition or students taking the courses can't see a bottom line in the form of a lucrative job after graduation.

"For years, higher education was touted as a safe path to professional and financial success. Easy money, in the form of student loans, flowed to help parents and students finance degrees, with the implication that in the long run, a bachelor's degree was a good bet. Graduates, it has long been argued, would be able to build solid careers that would earn them far more than their high-school educated counterparts."

"When Margaret Tahyar was a teenager, she spent her free time working as a carhop for the local Big Boy Restaurant in Rochester, Michigan. As far from law as waiting on car patrons may be, Ms. Tahyar says the job prepared her well for her current position as a partner in the Financial Institutions Group at law firm Davis Polk & Wardwell."

Over the past 10 years: * The U.S. economy's output of goods and services has expanded 19%. * Nonfinancial corporate profits have risen 85%. * The labor force has grown by 10.1 million. * But the number of private-sector jobs has fallen by nearly two million. * And the percentage of American adults at work has dropped to 58.2%, a low not seen since 1983. What's wrong with the American job engine? As United Technologies Corp. Chief Financial Officer Greg Hayes put it recently: "Sales have come back, but people have not.''

The Dream Act puts education within reach even for the Golden State's illegal immigrants. While weighing 50 education bills yesterday, Governor Jerry Brown signed the California Dream Act into law Saturday, opening the state's purse of financial aid to even those who don't have official documentation. Read more: http://newsfeed.time.com/2011/10/09/california-passes-dream-act-allowing-aid-for-undocumented-students/#ixzz1aURp5Vq3

In this economy, you need to take advantage of every available resource to propel your career. Finding a mentor-and preferably a network of mentors-is an easy and smart way to get started. And, it won't set you back financially the way hiring a career coach would. Here's how.

New York State's Labor Department vigorously enforces state labor laws to provide a level playing field for law-abiding employers. We work aggressively to ensure a fair wage for all workers and protect the safety and health of workers and the public. We assist the unemployed by providing temporary financial assistance, connect job seekers with employers, and build a workforce that helps New York's businesses compete in today's global economy.

Even before the financial crisis, many baby boomers hadn't saved enough for retirement. Then stocks plummeted. In 1998, the average 50-year-old who had been working for at least 10 years had a 401(k) balance of $85,000, according to the Employee Benefit Research Institute. Factor in the recent market drop, and more than a decade later, that worker's 401(k) has grown to just $93,000. In short, we keep getting older, but our 401(k) balances, they stay the same.

Typically, the length of a job hunt is a factor of what you do and the demand for it, says Tony Beshara, a Dallas-based job-search consultant and author of "The Job-Search Solution" (2006). Economic conditions may play a role, too. For instance, the current turmoil in banking and financial services means that someone in that industry probably will take longer to find a new job than a candidate in another field, says Nella Barkley, president and co-founder of Crystal-Barkley Corp., a career-coaching company in New York.

Those who are unemployed certainly undergo one of life's most traumatic experiences. It is a stressful, life-changing event that can lead to negative mental, physical, and emotional consequences, jeopardize financial security, erode the sense of identity, and cause family relationships to deteriorate.