Word: pelle
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Dates: during 1990-1999
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...federal government's Pell Grants program, which gives millions of dollars each year to needy college students, announces that it will no longer give scholarship funds to Blacks. When a Harvard senior whose education was funded by the program discovers that he is part Black, the government demands that he immediately reimburse them for the full cost of his education. This policy is enforced at universities nationwide...
...pell-mell pursuit of profits by businesses has long been a major source of pollution. But could such greed be used instead to help preserve the environment? A growing number of politicians and economists think so, and they have come up with the idea of allowing companies to buy and sell the "right" to pollute as part of a plan to encourage them to clean up their operations. Ultimately, there could be a national or even global market that would treat pollution permits like stocks and bonds...
Also, critics of the Bush plan, like the American Council on Higher Education, point out that the administration intends to keep the maximum Pell Grant at $2300 for the third straight year, resulting in an overall nine percent decrease in purchasing power for students...
Williams, who says the average Pell Grant will fall from $1482 this year to $1443 next year, considers the budget "a study in sleight of hand...
Besides the criticism caused by Bush's proposals for Pell Grant spending, the administration's intended reduction of Guaranteed Student Loans by more than $700 million has also prompted skepticism of Bush's commitment to more accessible higher education...