The stimulus plan emerging in Washington could offer an unprecedented boost in financial help for college students trying to pursue a degree while they ride out the recession.
Both the House and Senate bills call for the largest-ever funding increase for Pell Grants, the government's chief college aid program for low-income students.
Most Pell recipients come from families earning less than $40,000. And supporters note the new Pell dollars would be spent almost immediately while also paying off down the road.
The stimulus package could also hand out billions to the states to kick-start idled campus construction projects and help prevent tuition increases at a time when families can least afford them.
But cuts of $40 billion for state and local governments in the Senate version are a big disappointment for college leaders. House-Senate negotiations will determine whether education aid to the states is relatively modest or massive.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.