Word: pelle
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After years of neglect, federal higher education funding is finally getting the respect it deserves—at least if President Bush can be convinced to give his stamp of approval. A new appropriations bill has emerged from a Congressional conference committee that promises to expand the flagship Pell Grant program for low-income undergraduates, increasing the maximum grant by $125 to $4,925. That figure was already raised by $260 in the 2007 budget and by $490 in the College Costs Reduction and Access Act passed earlier this year, meaning that if the bill passes the maximum Pell Grant...
...global art market as a whole, Asia's rise is understandable. Yet the boom in modern Asian art also serves as an important reminder that the region is not just a copier but an innovator as well. Asia's avant-garde artists explore the clash between ancient traditions and pell-mell development, the lure of commercialism, and, most fundamentally, the struggle for individuality on the world's most populous continent. "There's this misconception that art from Asia is static, that it's the same old boring stuff," says Eloisa Haudenschild, an Argentine-born collector who with her husband owns...
...could enjoy more generous financial aid packages thanks to a new law that will lower interest rates on federal loans and increase the size of grants for needy students. President Bush on Thursday signed into law a $20 billion increase in federal financial aid, boosting the size of some Pell Grants by up to $1,100 per year and gradually cutting the interest rates of federally subsidized loans from 6.8 percent to 3.4 percent. The Pell Grant, a form of financial aid given to more than 5 million low-income students each year, will be capped at a maximum...
...America, Democrats ran on a platform of "Six for '06." As of late summer, two of the items--9/11 reforms and an increase in the minimum wage--had become law, while Bush had vetoed funding for stem-cell research. Proposals to reduce subsidies for oil companies and expand Pell grants remain tied up in conference committees; a bill to fix Medicare's prescription-drug problem has stalled in the Senate. Still, the GOP passed only two of the 11 Contract with America items in its first year back in charge...
...used to be the case that Pell Grants covered 75 percent of the average tuition, and now it covers a third,” Perlstein said. “People are suffering a great deal more economic anxiety in this ‘you’re all on your own’ political culture.” It only follows that students would be less inclined to take the risks and make the less vocationally-concerned choices that previous generations were...