11/29/2004

The Bush Agenda

Look at all the good his tax cuts have brought to education.

Nearly a quarter of low- and moderate-income college students who currently qualify for federal Pell grants will see their awards reduced or eliminated under a change in federal rules that Congress allowed in its new spending bill passed over the weekend, according to an estimate from higher education analysts.

About 85,000 of the 5.2 million students currently eligible to receive Pell grants will become ineligible. And 1.2 million others will get a smaller award under a new formula the government will use to determine how much families can afford to pay for college, according to estimates from the American Council on Education, or ACE. The change will take effect for students starting or returning to classes next summer or fall.

You know, that $300 tax cut just goes so far to pay off thousands of dollars in student loans...