Congress & NPR
Congress passed a bill to help students finish school with a smaller loan burden & to get them extra aid while they are in school.
This makes a nice change, since the last Congress passed a bill DECREASING available aid.
NPR, sadly, screwed up their reporting. To demonstrate the rising cost of college they mentioned - Princeton & Stanford. Now, in the context of student aid, this makes no sense. Like all uber-elite private institutions, Princeton & Stanford provide 100% to make up the difference between their students' "need" and what the government provides. So, if a student gets an additional $500 Pell grant, Stanford will probably just reduce their internal grant by $500. The students who really need & will benefit from additional government grants are the ones at local colleges and elite public schools, which give out (too much) money in merit-based grants & scholarships.
Of course, all students will benefit from lower interest rates and extra relief when their income is too low to make the high payments.
In other news, I only kept Lola the JR Poochie for 4 days. She cried all the time - all night & all day. And she HATED Toby. So he wasn't eating.... But I found her a better home, and now I am extremely happy to be a one-dog person again :)
posted by Amy @ 21:00
3 comments
3 Comments:
As someone who got a whole lot of merit-based aid, I don't want to complain too noisily about that!
It's funny working for a university, because I hear "increased tuition" and think "Good thing! Raise for srah this year?" whereas the population at large says "Bad thing! College too expensive!" Sometimes I forget that everyone doesn't think like me. :)
See, I was poor & I got into an elite school, so lot's of "need based" aid was mine. It totally won my parents over, too. At one of the recruiting sessions, some well-to-do parents kept wining about the lack of merit aid for their daughter who was a national merit scholar. Way better, in my opinion, to help, based on need, all admitted students, than to reward a student who performed well on one test (and probably after her parents paid for her to take a kaplan course).
:'(
(National Merit Scholar, who did not prepare)
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