Sep 11 2007

Student Aid Bill Passes Congress

Feature Stories | Published 11 Sep 2007, 2:00 pm | 9 Comments -

|

| the entire program

GUEST: Eric Lotke, author of the report, “Chasing the Dream,” and research director at the Campaign for America’s Future.

As college students return to class this fall, the Senate recently approved a student aid bill aimed at financially assisting low-income and middle class students. Passed by an overwhelming majority in both the house and the Senate, the College Cost Reduction and Access Act seeks to increase Pell Grants by 2012 while at the same time temporarily slashing interest rates on federal student loans by half. Congress approved 20.2 billion dollars in new funds to assist student last Friday by cutting back on private loan subsidies. President Bush, who previously indicated that he would veto an earlier version of the legislation, is expected to sign the bill into law. The boost in student aid comes at a time when tuition fees have significantly increased in relation to falling median household incomes. A new report released by the Campaign for America’s Future notes that the average cost of a public college education for one student equates to one quarter of the total household median income. Private educational institutions account for 57 percent.

For more information, visit www.home.ourfuture.org

9 responses so far

9 Responses to “Student Aid Bill Passes Congress”

  1. # leistungen der privaten krankenversicherungon 14 Mar 2013 at 7:40 pm

    This post offers clear idea for the new viewers of blogging,
    that genuinely how to do running a blog.

  2. # exchange mail filteringon 16 Apr 2013 at 4:11 pm

    Hey There. I found your blog using msn. This is a really well written article.
    I will be sure to bookmark it and come back to read more of your useful information.

    Thanks for the post. I will definitely comeback.

  3. # Louanneon 19 Apr 2013 at 6:37 am

    Wonderful blog! I found it while searching on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there! Appreciate it

    Here is my blog – Louanne

  4. # Leifon 01 May 2013 at 4:59 pm

    I read this piece of writing fully regarding the resemblance
    of most up-to-date and previous technologies, it’s amazing article.

    Here is my weblog … Leif

  5. # self business ideason 17 Jun 2013 at 2:15 pm

    I am staying at this concern and I believe it will advantage from this message.

    Thank you pretty significantly

  6. # Cheap Master Reseller hostingon 22 Jun 2013 at 10:23 am

    Such a functional web log…wow !!!!

  7. # RSS Feedson 07 Jul 2013 at 9:44 pm

    Hey, a actually terrific record. Hold it up.

    Check out my weblog RSS Feeds

  8. # reaon 22 May 2014 at 4:29 am

    Hmm it seems like your website ate my first comment (it was super long) so I guess I’ll just sum iit up what I submitted and say, I’m thoroughly enjoying ypur blog.

    I as well amm an aspiring bblog writr but I’m still new to everything.
    Do you have any points for inexperienced blog writers? I’d genjinely appreciate it.

  9. # live entertainment lakeland floridaon 27 Sep 2014 at 9:15 pm

    Pretty great post. I simply stumbled upon your
    weblog and wanted to mention that I have truly loved surfing around your blog posts.
    After all I will be subscribing in your rss feed and I hope you write once
    more soon!

  • Program Archives