Word: aid
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Dates: during 1980-1989
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...previous years, the Administration budget calls for drastic cuts in student aid. Since the 1960s, a basic assumption of federal policy has been that the more people gain access to higher education, the better off we will be as a nation--hence the many federal grant and loan programs that have brought higher education within the reach of those who would not otherwise have been able to afford...
...budget proposal calls for a reversal of this trend. They would eliminate many of the established sources of financial aid, replacing them with an unsubsidized loan program that would force students to incur exorbitantly high debt levels in order to finance their education. The Reagan Administration attempts to justify this proposed change with the assertion that students, as the beneficiaries of a college education, should shoulder the major financial responsibility themselves...
...question is whether the Administration wants to apply short-term solutions to what are long-term problems by counting on large-scale research projects to produce profitable spin-offs, while at the same time reducing federal contributions to student financial aid. Will Congress accept the Administration's priorities or will it make fundamental changes? The expectation in Washington is that the budget will be altered extensively in the months ahead before it is approved...
...Administration's proposal would cut funding for student aid by 46 percent. The cuts include a $1.2 billion reduction in the Pell Grant program as well as a change in eligibility requirements. The new budget would disqualify any student from receiving a Pell Grant whose annual family income was over $20,000. The current income limit is about $28,000. This proposed change would effectively deny aid to more than one million students...
Education provides for this country's future, so Americans should be willing to provide for education. It falls upon the Senate to follow the House in rejecting the Administration's strained logic and legislating substantial increases in student financial aid...