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How a Supreme Court Case Bolstered Conservative Education

Problems with the New Student Loan Pilot Program

(Archived document, may contain errors)   604 September 24, 1987 PROBLEMS WITH THE NEW STUDENT LOAN PILOT PROGRAM INTRODUCTION The cost of college education in the United States has been skyrocketing. Secretary of Education William Bennett and others blame the student loan system which encourages colleges to increase fees This system, e lains Bennett, has many One is that it spreads subsidies thinly and widely, subsidizing students from relatively affl uent families, thus leaving insufficient support available to poorer students.

The Budget Summit Agreement, Part I: Serious Damage to the Economy

It is the fear that makes us crazy

America s path forward to building equity in higher education

© iStock For low-income, first-generation students of color, the American Dream is fading because education is not attainable, not accessible and certainly not affordable. Since Reagan-era cuts to Guaranteed Student Loans and Pell Grants, society’s most vulnerable students have been forced into extreme debt. And this isn’t just because of the cost of tuition. Education expenses such as the $400 to $1,800 spent solely on course materials each year prevent lower-income students from graduating in four years and contribute to the 90 percent of first-generation students who drop out entirely. So, where do we go from here? ADVERTISEMENT We know that low-income and people of color have been hit the hardest by COVID-19 and have the highest unemployment rate. We also know that the Biden administration is focused on moving low-income Americans out of poverty. For any jobs legislation to actually work, education must be the cornerstone of economic recovery plans.

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