News

House Committee Approves Increase in Pell Grant, New Funding For Black Colleges

by Charles Dervarics , June 14, 2007

One provision would cut student loan interest rates in half, while another would provide student loan forgiveness for graduates choosing careers in public service.

But many Republicans criticized the bill for doing little to assure that colleges will begin to control expenses. Even though the bill’s title focuses college cost reduction, McKeon said, “We’re not doing anything to address the cost of college.”

Miller, however, said the bill emphasizes access as well as help for low-income students to succeed in higher education. “There’s nothing crueler than having a student drop out of college and end up with a lot of debt,” he said. “With this bill, we are saying that no one should be denied the opportunity to go to a college simply because of the price.”

The measure now goes to the full House.

--Charles Dervarics

There are currently 0 comments on this story.
Click here to post a comment.



© Copyright 2005 by DiverseEducation.com

1 | 2
Comments posted here may be reprinted in Diverse: Issues In Higher Education magazine, and may be edited for purposes of clarity and/or space.



Copyright 2011 © Diverse: Issues In Higher Education, a CMA publication.
Cox, Matthews, and Associates, Inc., 10520 Warwick Ave, Suite B-8, Fairfax, VA 22030