Tagged: debt

Trump’s Surprise Victory Sends Shock Through Higher Ed – The Chronicle of Higher Education

This is a very real point.  College students, and young people in general are the biggest losers in this election.  Not in the theoretical sense of losing out on just moral leadership, but more specifically in that unlike Clinton, Trump was never pushed to seriously engage issues about college debt and education financing.

“That’s the risk of trying to appeal to the everyday man, by de-emphasizing the importance of education, you run into a situation where education is put on the back burner and then institutions of higher education experience significant cuts and then we have trouble preparing the next generation of voters,” Ms. Tolson said. “I do see it as probably the biggest and honestly the saddest fallout of how our political system has developed.”

Source: Trump’s Surprise Victory Sends Shock Through Higher Ed – The Chronicle of Higher Education

Democrats and higher education groups call on Congress to use Pell surplus to expand program

I cannot say enough how much of a difference having adequate financial aid makes to a student’s experience.  I’ve seen countless students take leave and never return to school because of unyielding financial obligations.  And those who do stay are often stressed out by thought that this safety net can be pulled out from under their feet at any moment.  Many students need more than Pell, but few can afford to without what Pell offers and anything that bolster’s Pell funding is welcomed.

College students can receive up to $5,815 annually in Pell funding. Advocates said the grant is vital in making higher education affordable and preventing students from being forced to take out loans to pay for a degree. But the Obama administration reached a bipartisan agreement in 2011 to cut year-round Pell grants in response to funding shortfalls. Now the program has amassed a large surplus, which higher education advocates want to see dedicated to strengthening and expanding it.

Source: Democrats and higher education groups call on Congress to use Pell surplus to expand program