Archive for the “College” Category

Full Story at CNN.com

(CNN) — Both houses of the New Jersey legislature plan to vote Monday on a controversial bill backed by Democrats that would qualify illegal immigrants for in-state tuition at public colleges and universities.

Supporters hope to pass the measure before Democratic Gov. Jon Corzine leaves office. Gov.-elect Christopher J. Christie, a Republican who takes office January 19, has said he opposes the bill.

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Full Story At  CNN.com

The president outlined a plan under which the Department of Education will send colleges legal guidance, encouraging them to increase financial aid packages for the unemployed so they can enroll in educational and training programs while keeping their unemployment benefits.

Under Obama’s initiative, colleges would consider a person’s current financial situation to make it possible for them to receive Pell grants, which are available for low-income students. The unemployed person would not lose any unemployment benefits and the maximum Pell grant would be increased in July by $500 to $5,350.

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Full Story At  CBS News

(AP) President Barack Obama on Friday renewed his call for the government to stop backing private loans to college students and replace them with direct financial aid to young people, a challenge to a decades-old program with strong congressional support.

Obama’s plan to eliminate the Federal Family Education Loan program could save $48 billion for taxpayers over the next decade, but critics warn it could turn the Education Department into a national bank. Lenders and some college officials oppose the proposal, which Obama backed as a U.S. senator and pushed during the presidential campaign.

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