Stimulus Bill Includes Boost in Pell Grants
The economic stimulus bill now taking shape in Congress could include a $15 billion expansion of Pell grants and a new block grant for states, which would expire after two years and could be used to build campus infrastructure. Overall, the bill could provide as much as $140 billion for education over two years.
The bill would increase the maximum grant by $500, bringing it to $5,321. According to the Chronicle of Higher Education, the amount is still up for debate. The Chronicle reports the bill could also consolidate a pair of existing tuition tax benefits into a single, partially refundable $3,000 tax credit used for college expenses.
Tags: colleges | Pell grants | economic stimulus
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I agree the schools and guidance need to do more to prepare our children for the real world of college or maybe not college. Maybe a trade school. Honestly some people are more mechanically inclined as is my son and some are more academically inclined.
I think it is great! Wow, the government is actually considering giving money to low income college students rather than corrupt Wall Street banks or General Motors or any other multibillion dollar company who have been taking advantage of our weak economic situation. How can anyone have anything bad to say about disadvantaged people wanting to continue their education? Maybe you are scared that there are brighter people who if given the chance to obtain a degree may take your job. Maybe you want to keep people repressed to assure maxium capital off of them. idk.
and on to people being employed thousands of miles away from the U.S.A., there is a thing called out souring. yes, it is much cheaper for our businesses to employ people in third world counteries rather than comply with the rules and regulations our government have implamented. it is not because they hold higher degrees than someone is the U.S. if that were the case we wouldn't have so many fourners going to college in the U.S.
It is what it is.
It's seems amazing that some people still don't understand the importance of education. If you don't want higher education, fine. Also, don't be surprised when you don't seek a higher education, that a few other billion people are available to take most of the jobs you will qualify for. Yeah right, 15 billion spent in education won't help the economy? There's a very good reason we employ people thousands of miles away from the U.S.A. - These workers have sought higher education. Why are jobs hard to find?
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