More College Aid For Students
ByThumbs up to Congressional Democrats who passed this important reform of student aid. Our own Heath Shuler was among them – maintaining his strong record on education.
The House has voted in favor of the biggest overhaul of college aid programs since their creation in the 1960s — a bill to oust private lenders from the student loan business and put the government in charge.
Thursday’s vote was 253-171 in favor of a bill that fulfills an array of President Barack Obama’s campaign promises, ending subsidies for private lenders, boosting Pell Grants for needy students and paying for community college reforms, among other things.
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“Putting the government in charge of all federal loans would save taxpayers an estimated $87 billion, according to the Congressional Budget Office. The CBO says the figure could be much lower, $47 billion, when administrative costs and market conditions are considered.The money would boost Pell Grants for needy students, increasing the maximum grant by $1,400 to $6,900 over the next decade. It also would pay for a new college completion fund, community college reforms and more college aid for veterans.”
2 Comments
September 18th, 2009 at 7:15 pm
253-171. With the exception of a few notables, that falls right along party lines.
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September 18th, 2009 at 7:50 pm
Mr. Shuler has had a fairly sound track record on environmental and educational issues. On top of that, he has never claimed any liberal creds so in many cases he has risen above expectations. He may be a good balance for the district and I’ll continue to support him as long as he is reasonable and honest. But if he betrays the thousands of uninsured in WNC because he is being manipulated by the Blue Cross Dogs and the monied interests that are their gods, then we need to primary this man.
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