Skip Ribbon Commands
Skip to main content

 Email  Share  Print

ACE President Molly Corbett Broad on President Obama's FY 2014 Budget

April 15, 2013

 

​As the major coordinating body for all the nation's higher education institutions, ACE welcomes many of the proposals included in the president’s Fiscal Year 2014 Budget Request. In particular, by restoring the arbitrary and destructive cuts imposed by sequestration, the president has demonstrated that he recognizes that education and research are the building blocks of a stronger economy. 

We greatly appreciate the president’s call for increased funding for the National Institutes of Health and the National Science Foundation. In combination with other funding increases across the budget, the president’s request represents a 9.2 percent overall boost in non-defense research and development spending. At a time when innovation and our economy are inextricably linked, these proposed investments represent a smart bet on American students and scientists. 

Furthermore, the president has continued his strong commitment to the Pell Grant Program, with a plan that would ensure its stability for the next several years. As the foundational student aid program, it is critical that students and educators know that Pell Grants will be available, and at what levels, as they make their education plans.  

The president also calls for a $150 million increase in the Federal Work Study Program, and provides level funding for the Supplemental Educational Opportunity Grants, TRIO and GEAR UP Programs. Maintaining funding for these programs helps millions of low-income students realize their dreams of a college education. 

Many organizations have expressed concern about the President’s proposal to move all federal student loans to a market-based interest rate. Whether the higher education community embraces this proposal in whole or in part, President Obama has put an important idea forward that is designed to prevent the imminent doubling of student loan interest rates.  It provides a useful compass point in working with Congress and the administration to reform the loan programs to keep borrowing as affordable as possible for students. 

Other ACE News

  • Health Care Reform

    June 27, 2017

    Capitol building with tree branches

    ACE, Higher Education Groups Urge Senate to Fix Problems With Health Care Bill

    In a letter to Senate leaders, ACE and 18 other higher education associations raised serious concerns about the Better Care Reconciliation Act of 2017, the Senate bill to “repeal and replace” the Affordable Care Act.

  • June 27, 2017

    Today's Headlines

    HEADLINES: Today's Top Higher Education News

    The Washington Post and The Chronicle of Higher Education are among those covering the impact on higher education of the Supreme Court’s decision to partially reinstate President Trump’s travel ban and hear the case in October. Inside Higher Ed...

  • Institutional Capacity

    June 26, 2017

    Fellows

    Applications Now Being Accepted for ACE Fellows Program Class of 2018-19

    For five decades, the ACE Fellows Program has strengthened institutions in American higher education by identifying and preparing nearly 1,900 faculty, staff and administrators for senior positions in college and university leadership.

  • Budget and Appropriations

    June 26, 2017

    Hearing

    NIH Director Testifies on Budget Request for FY 2018

    National Institutes of Health Director Francis S. Collins testified June 22 before the Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies on his agency’s FY 2018 budget, which the White House is...

  • College and University Partnerships

    June 21, 2017

    Person using mouse and laptop

    Register Now for ACE Webinar on the Power of Apprenticeship Programs

    A free July 13 ACE webinar will explore the potential of work-based earn-and-learn models that offer pathways to postsecondary credentials and careers with family-sustaining wages.

 

 Related Content