NEW : President Obama says `` education is the single best bet we can make '' His aim is to allow the unemployed to go back to school and not lose benefits . The president has proposed a new plan that would give states more flexibility in how they spend federal money on education.
NEW : President Obama says `` education is the single best bet we can make '' His aim is to allow the unemployed to go back to school and not lose benefits . Department of Education will start sending colleges legal guidance .