You are currently browsing the category archive for the ‘Financial Aid’ category.

Former US Senator Claiborne Pell died on New Year’s Day, at the age of 90.

Pell wrote the laws that created the National Endowment for the Arts and the National Endowment for the Humanities, but as his New York Times obituary noted, he is best known as the father of Pell Grants.

Pell Grants, federal need-based grants to college students, today provide assistance to almost one-third of all those who attend American colleges. Claiborne Pell was the Senate’s greatest champion of the program, and an editorial appreciation of Pell Grants appeared in yesterday’s Times as a tribute to him.

But the Pell Grant program, passed by Congress in the summer of 1972, was not simply the product of Pell’s vision. It was also the first great victory in the American student movement of the 1970s.

On June 30, 1971, the Twenty-Sixth Amendment to the United States Constitution was ratified, guaranteeing the vote to Americans between the ages of 18 and 20. With the lowering of the voting age, college students became a significant voting bloc in American politics. In the 1970s, for the first time, students could exercise political power not just in the streets, but in the voting booth as well.

A new kind of student politics demanded a new kind of organizing, and so 1971 also saw the creation of the National Student Lobby, America’s first national student-funded, student-directed, professionally-staffed student lobbying organization.

Created by students in the service of the students’ interest, NSL was a milestone in American student history … and the passage of the Pell Grant program was its biggest priority.

Read the rest of this entry »

A new survey of nearly four hundred private colleges and universities showed that more than two thirds were “greatly concerned” about enrollment figures for next fall, the New York Times reports.

Across the country, most private institutions are seeing declines in applications relative to last year, though final figures are not yet available. Experts attribute the drop-off to the current financial crisis, among other factors.

Elite privates seem to be immune to the application decline, though they are seeing more requests for financial aid. Administrators at large, mid-ranked schools say they can weather a dip by admitting a slightly higher percentage of applicants. 

Even a small decline in enrollment can have a major effect on a college dependent on tuition for its funding, however. At Beloit College in Wisconsin, which has a student body of 1,300 and brings in three-quarters of its revenue from tuition, a decline in the entering class of just 36 students led administrators to announce that they would be reducing about forty staff positions.

Two sociologists at the City University of New York have received a prestigious and lucrative award for their research into the effects of open admissions on students and colleges.

The professors, Paul Attewell and David Lavin, have been awarded the University of Louisville Grawemeyer Award in Education, which comes with a $200,000 prize.

Their research, a study of two thousand women students admitted to CUNY under open admissions in the 1970s, found that more than two-thirds had graduated, and that their time in college had improved their annual earnings by $5000 to $10000 a year. It also found that the women’s children were better educated than the children of similar women who had not attended college.

They presented their research in a 2007 book, Passing the Torch: Does Higher Education for the Disadvantaged Pay Off Across the Generations?

Here’s an incredible statistic. Last year, the cost of a year in college — public college — rose to fifty-five percent of the median family income of families in the bottom 20% of earnings in the US.

You read that right. For the average family in the bottom 20% of American households, sending just one family member to college will eat up more than half of your total family income for the year.

But financial aid will help with that, right? Wrong. That figure is for net cost, after financial aid has been factored in.

After inflation, tuition and fees at American colleges and universities have risen 439% in the last twenty-five years, and students from lower-income families now receive less aid per student than their wealthier counterparts.

These numbers come from a new a report on college costs from the National Center for Public Policy and Higher Education. As the president of the Center told the Times, these numbers are feeding a growing educational gap between the US and other countries we’re competing against in the global economy. “Already, we’re one of the few countries where 25- to 34-year-olds are less educated than older workers,” he says, and the situation is likely to grow worse in years to come.

The full report is online here.

Northampton Community College in Pennsylvania is offering free tuition for “individuals who have recently become unemployed due to business or industry plant closing or layoff.”

The program, which has been implemented twice in the past, offers local residents 12 credits worth of classes in career programs, or up to $900 in free non-credit work-related classes.

(Thanks to Bill Shiebler of USSA for the heads-up.)

About This Blog

n7772graysmall
StudentActivism.net is the work of Angus Johnston, a historian and advocate of American student organizing.

To contact Angus, click here. For more about him, check out AngusJohnston.com.