"In today's global economy, a high-quality education is no longer just a pathway to opportunity-it is a prerequisite for success. Because economic progress and educational achievement are inextricably linked, educating every American student to graduate from high school prepared for college and for a career is a national imperative. The President has articulated a goal for America to once again lead the world in college completion by the year 2020, and all of President Obama's education efforts aim toward this overarching objective."

http://www.whitehouse.gov/issues/education/k-12

This webpage is dedicated to revealing Obama's plans ranging from fixing education gaps between races to making college more affordable. 

"Mr. Obama's spending-and-taxes plan foresees a $474 billion deficit, which would be 2.5 percent of the gross domestic product, a level most economists see as manageable, according to budget documents obtained by The New York Times. The deficit number would creep up each year, to $687 billion by 2025. But measured against the economy, the deficit would remain stable."

This paragraph on the article found here http://www.nytimes.com/2015/02/02/us/obama-budget-to-seek-to-stabilize-deficit-and-address-income-in... explains Obama's plan for fixing the economic gaps and loopholes while working out how to raise America's GDP. Although Obama is working to fix the federal deficit, he is still working to improve income equality.