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Education Budget May Finally Be Close to Finished
dmegivern
follow
2
9-10-2007 10:18 AM
204 views
tags:
college
,
financial aid
,
government
dmegivern
says:
Student loan debt and Pell grants for low-income students
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9b3b1ae3-e59f-4cdc-8358-d21b39494c2a/97BF2D53-D7EA-4604-973F-725F6166145A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://insidehighered.com/news/2007/09/06/budget" href="http://insidehighered.com/news/2007/09/06/budget" style="font-size: 11px;">insidehighered.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://insidehighered.com/news/2007/09/06/budget"><H1 class="pagehed">Democrats Set Education Budget Compromise</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://insidehighered.com/news/2007/09/06/budget"><P>Congressional leaders — well, <I>Democratic</I> Congressional leaders, anyway — reached agreement Wednesday on compromise legislation that would increase the maximum Pell Grant to $5,400 by 2012 and finance that and other new spending by slashing federal payments to student loan providers.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://insidehighered.com/news/2007/09/06/budget"><P>So the key questions — difficult to answer for the moment — are whether the final version is too much like the House bill for the White House to support, and whether President Bush can formulate a reason to veto the legislation that will overcome the certain Democratic objections that he would be denying billions of dollars in new aid to needy students.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://insidehighered.com/news/2007/09/06/budget"><P>“We’d love another billion dollars to help with debt burdens, but there’s an impressive investment in Pell Grants for lower income students, and that’s respectable,” said Robert Shireman, executive director of the Project on Student Debt.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/97BF2D53-D7EA-4604-973F-725F6166145A/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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