Obama will establish a new American Opportunity Tax Credit that is worth $4,000 a year in exchange for 100 hours of public service a year.
…when we invest in your future, we’re going to ask you to invest in the future of your country. To receive this credit, we’ll require 100 hours of public service – you’ll have to work at a veteran’s hospital or nursing home; join an AmeriCorps program or work in a local school. You get a hand living your dreams, and then you help your fellow citizens live theirs – that’s how we’re going to move this country forward; that how we’re going to come together behind a common purpose. (Source)