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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Pell grants

Pell grants stories: 6 news summaries

 Obama Kicks Off 
 Radical College 
 Aid Revamp 

The administration's goals are both ambitious and controversial

(Newser) - President Obama’s education proposals have taken a backseat to the economy and health care, but the changes he proposes in student lending are about to ignite a fierce lobbying battle, the Washington Post reports. Obama’s plan to move all federal funds for student lending to the Department of... More »

Fight Looms Over Plan to Give Loan Funds to Students

The administration wants to cut out private lenders, setting up a showdown

(Newser) - President Obama's plans to end a subsidized student-loan program—diverting billions of dollars in profits for private lenders like Sallie Mae to scholarships for needy students—is prompting howls of protest from lenders and setting up a Congressional showdown, the New York Times reports. The Congressional Budget Office estimates that... More »

 $150B Stimulus to Double 
 Education Budget 

$150B spending expected to permanently expand government's role in education

(Newser) - The stimulus plan before Congress today more than doubles the Department of Education's budget, reports the New York Times. An unprecedented extra $150 billion in federal aid would provide funds for nearly every aspect of education, from school construction to college grants. Opponents and backers alike agree that the... More »

ANALYSIS

Education at Heart of Obama Stimulus Plan

$140B in 2-year plan would take other pressures off states

(Newser) - In its current form, Barack Obama’s 2-year economic stimulus plan—currently pegged at $775 billion—will channel some $140 billion to education, Politico reports. As Congress hammers out its plan, changes are likely, but education and Medicaid look set to be major beneficiaries. States will see major block grants,... More »

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education Barack Obama Congress school Medicaid Pell grants economic stimulus package

obituary
(AP) - Claiborne Pell, the quirky blueblood who represented blue-collar Rhode Island in the Senate for 36 years and was the force behind a grant program that has helped tens of millions of Americans attend college, died today of Parkinson's disease. He was 90. Pell sponsored legislation creating the Basic Educational Opportunity... More »

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Senate obituary Pell grants Rhode Island financial aid

Congress Delivers Loan Relief for Needy Students

Broad overhaul of student loan industry earns broad bipartisan support

(Newser) - Congress yesterday passed a student loan reform bill that slashes billions of dollars from lender subsidies and redirects the funds into grants for low-income students, the New York Times reports. The sweeping measure will cut $20B from federal lender subsidies, halve the interest rate on need-based loans, and pump $12B... More »

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Congress student loans Ted Kennedy loans student Pell grants

6 Stories