Obama To Announce $100 Million For Low-Income University Access Efforts

Pledges to be unveiled at the White House

President Obama will announce on Thursday more than $100 million in new commitments from universities, foundations, nonprofits, and corporations at an event designed to improve college access for low-income students.

The president, first lady Michelle Obama and higher education leaders will meet at the White House to unveil the pledges, which include fee waivers, scholarship opportunities and additional advisory support for children in the nation's poorest communities.