once again, bush shows he doesn't care about education!
f'k students!
"Students using Pell Grants to receive less under new rules
By Greg WinterNEW YORK TIMES NEWS SERVICE "
"College students in virtually every state will be required to shoulder more of the cost of their education under new federal rules for financial aid.
Because of the changes, which take effect in the 2005-06 academic year and are expected to save the government $300 million annually, at least 1.3 million low-income students will receive smaller Pell Grants, the nation's primary scholarship, according to two analyses of the new rules.
In addition, 89,000 students or so who would otherwise be getting some Pell Grant money will get none, the analyses found.
"Seasons greetings from Uncle Sam," said Terry W. Hartle, senior vice president of the American Council of Education, which conducted one of the analyses and represents about 1,800 colleges and universities. "Your student aid stocking is going to be a little thinner next year."
Beyond that, the new rules are expected to have a domino effect across almost every type of financial aid, tightening access to billions of dollars in state and institutional grants and, in turn, increasing the reliance on loans to pay for college. Taken together, many education experts say, the implications for the nation's core financial aid programs are among the most substantial in a decade.
"This is the first time in at least 10 years where there's been a significant reduction for this magnitude of students," said Brian K. Fitzgerald, director of the Advisory Committee on Student Financial Assistance, which was created by Congress to advise the lawmakers on financial aid. It was this committee that performed the other analysis.
The changes are the denouement of a fight that has roiled Congress for more than 18 months. When the Bush administration first proposed altering financial aid rules last year, legislators balked, stopping the revisions from taking hold. They argued that tough economic times meant students needed more help to attend college, not less.
---
The University of California, a huge institution with campuses scattered across the state, estimates that at least half of its 46,000 low-income Pell Grant recipients will face some sort of reduction. At the other end of the spectrum, Knox College, a small liberal arts institution in Illinois, says the changes will most likely reach upward to affect the middle class as well.
"Of course we focus on the students who have the greatest need, but these families are needy, too," said Teresa Jackson, Knox's director of financial aid. "They can't just sit down and write a check for $30,000 a year. I can appreciate the difficulty with the budget, but my gosh, to cut back on financial aid given the times doesn't make a lot of sense." "
So, to save $300 million, we sacrifice the education of our young, while we spend billions weekly in Iraq! Sorry, we can't give you a grant for your kids cuz you voted for bush! The priorities are astounding!
"Students using Pell Grants to receive less under new rules
By Greg WinterNEW YORK TIMES NEWS SERVICE "
"College students in virtually every state will be required to shoulder more of the cost of their education under new federal rules for financial aid.
Because of the changes, which take effect in the 2005-06 academic year and are expected to save the government $300 million annually, at least 1.3 million low-income students will receive smaller Pell Grants, the nation's primary scholarship, according to two analyses of the new rules.
In addition, 89,000 students or so who would otherwise be getting some Pell Grant money will get none, the analyses found.
"Seasons greetings from Uncle Sam," said Terry W. Hartle, senior vice president of the American Council of Education, which conducted one of the analyses and represents about 1,800 colleges and universities. "Your student aid stocking is going to be a little thinner next year."
Beyond that, the new rules are expected to have a domino effect across almost every type of financial aid, tightening access to billions of dollars in state and institutional grants and, in turn, increasing the reliance on loans to pay for college. Taken together, many education experts say, the implications for the nation's core financial aid programs are among the most substantial in a decade.
"This is the first time in at least 10 years where there's been a significant reduction for this magnitude of students," said Brian K. Fitzgerald, director of the Advisory Committee on Student Financial Assistance, which was created by Congress to advise the lawmakers on financial aid. It was this committee that performed the other analysis.
The changes are the denouement of a fight that has roiled Congress for more than 18 months. When the Bush administration first proposed altering financial aid rules last year, legislators balked, stopping the revisions from taking hold. They argued that tough economic times meant students needed more help to attend college, not less.
---
The University of California, a huge institution with campuses scattered across the state, estimates that at least half of its 46,000 low-income Pell Grant recipients will face some sort of reduction. At the other end of the spectrum, Knox College, a small liberal arts institution in Illinois, says the changes will most likely reach upward to affect the middle class as well.
"Of course we focus on the students who have the greatest need, but these families are needy, too," said Teresa Jackson, Knox's director of financial aid. "They can't just sit down and write a check for $30,000 a year. I can appreciate the difficulty with the budget, but my gosh, to cut back on financial aid given the times doesn't make a lot of sense." "
So, to save $300 million, we sacrifice the education of our young, while we spend billions weekly in Iraq! Sorry, we can't give you a grant for your kids cuz you voted for bush! The priorities are astounding!
posted by rich at 10:09 AM
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