Skip Ribbon Commands
Skip to main content

 Email  Share  Print

Student Aid Alliance Urges House to Oppose Drastic Student Aid Cuts in H.R. 1

February 14, 2011

 

The Student Aid Alliance (SAA) today sent a letter to members of the House of Representatives asking them to oppose the Full Year Continuing Appropriations Act, 2011 (H.R. 1), citing drastic cuts to student aid programs that will cause significant damage to the U.S. economy in both the short and long term.

“Last year, with the assistance of a Pell Grant, a Supplemental Educational Opportunity Grant and other forms of state- and campus-based aid, more than 1 million American students earned their credentials and are now armed with the skills to compete and succeed in the current economy,” the letter reads. “Slashing financial aid that more than 9 million families are depending on as they budget for the fall semester, mere months from the July 1 deadline for making these awards, will force millions of students to drop out of school.”

“By denying students the opportunity and the means to complete their educations, the proposed cuts will result in a dramatic and immediate impact on the American economy and competitiveness, ultimately impairing the ability of millions of college students to achieve the American dream,” said SAA Co-Chairman and National Association of Independent Colleges and Universities President David L. Warren.

“Labor economists have found that the United States economy will require 22 million new workers with college degrees by 2018. However, they also estimate that the country will fall short of that number by at least 3 million,” said SAA Co-Chairman and ACE President Molly Corbett Broad. “Without the trained workers to fill these jobs, America will risk falling behind countries like China and India that have invested heavily in educating their workforces. The proposed cuts will
exacerbate these problems by failing to prepare students to enter and succeed in college.”

MEDIA CONTACTS:

Erin A. Hennessy, ACE ▪ 202-939-9367 ▪ EHennessy@acenet.edu

Tony Pals, NAICU ▪ 202-739-0474 ▪ tony@naicu.edu

Other ACE News

  • April 24, 2015

    Today's Headlines

    HEADLINES: Today's Top Higher Education News

    In today’s headlines, The Chronicle of Higher Education profiles Arizona State University President Michael Crow and explores ASU’s plan to offer a low-cost freshman year via MOOCs. In other news, Inside Higher Ed looks at the new book on campus...

  • Financial Aid

    April 22, 2015

    Campaign to Save Student Aid Launches

    The Student Aid Alliance launches a campaign to increase awareness and spur action against congressional threats to curtail federal student aid programs.

  • Innovative Practices

    April 22, 2015

    2015 Challenge Festival Scheduled for Next Month

    ACE is co-sponsoring the weeklong convening of tech visionaries, business leaders, government officials and promising entrepreneurs in education and other fields.

  • Institutional Capacity

    April 22, 2015

    Register Now for Advancing to the Presidency

    Advancing to the Presidency, a two-day workshop scheduled for Oct.19-20 in Alexandria, VA, helps senior admnistrators prepare for the transition to the next level.

  • Leading Internationalization

    April 20, 2015

    Deadline to Apply to the Institute for Leading Internationalization Is May 1

    The Institute for Leading Internationalization, designed for administrators who have a critical role in advancing internationalization on their campuses, is scheduled for June 7-9 in Alexandria, VA.

 

 Related Content