Yesterday, an opinion piece was published in the Colorado Daily outlining some of the ways the government was going to start directly lending money to students in order to encourage young Americans to earn their degree and to help with the costs of tuition.

Some of the facts from the article:

• 1/2 of the fastest growing jobs in America require a bachelor's degree or advanced degree
• Cost of the average tuition is increasing 10 times faster than a typical family's income
• Eligible families could now receive a $2,500 tax credit to help with tuition costs
• Certain student loans would be lent straight from the government to the student/family, instead of through banks

The direct lending from government to student is supposed to save the government billions of dollars over the next few decades, and helps promote President Obama's plan for America to have the highest college graduation rate in the world by 2020.