grants

It meant a great deal to Jess Montejano, a second generation Mexican American, that President Obama supported students with legislation like the American Opportunity Tax Credit. Because of this tax credit, Jess was able to receive an extra $1000 when he filed his 2009 taxes. With this extra financial support, he was able to pay his bills and focus more on his studies.

Para Jess Montejano, un mexicano-americano de segunda generación, el apoyo del Presidente Obama para los estudiantes a través de leyes como el Crédito de Impuestos de Oportunidad Americana significa mucho. Gracias a este crédito de impuestos, Jess recibió $1000 adicionales cuando declaró sus impuestos en 2009.

Voiceover: "Mitt Romney on how to pay for college and start a business..."

Mitt Romney: "Take a risk, get the education, borrow money if you have to from your parents'"

Voiceover: "Hope they can afford it."

"Romney's plans could cut college aid for nearly ten million students and eliminate the tax deduction for college tuition."

His mother got him up before dawn to do school work she knew what it meant for his future. With hard work and student aid his life was transformed. Today higher education means even more for the middle class. Giving young people the chance to compete, like he did. So he doubled funding for college grants, capped federal student loan payments, passed the largest college tax credit ever.