Obama Seeks $89 Billion, 10-Year Cut for Higher Education

http://www.bloomberg.com/news/2011-02-14/obama-seeks-89-billion-10-year-cut-for-higher-education.html

Obama Seeks $89 Billion, 10-Year Cut for Higher Education
By John Lauerman

President Barack Obama, who has called for the U.S. to lead the world in college graduates by 2020, proposed budget cuts that would reduce support for higher education by $89 billion over 10 years.

Obama’s $77.4 billion spending proposal released today would cut a provision allowing some college students to get two Pell grants in a year, and a program that reduces interest rates on loans for graduate students. The changes will reduce 2012 higher education outlays by $10 billion while raising spending for kindergarten through high school education 6.9 percent to $26.8 billion, the Education Department said.

Obama called last year for the U.S. to keep its economy competitive with other nations by producing an additional 8 million college graduates by 2020. Higher education spending cuts are needed so the Education Department can shore up the growing Pell program and expand support for competitive programs such as “Race to the Top,” which offers money for states that follow the administration’s prescriptions for raising student and teacher achievement, according to the department...

The cuts in the Pell grant program would require new legislation, a step that might open the structure of the student aid program to congressional scrutiny, said David Baime, senior vice president for government relations and research at the American Association of Community Colleges, a Washington-based advocacy group. “Once they’ve opened up the program, they’re opening the door to anyone who might want to make retrenchments,” he said.

...that's one hell of a circle they're trying to square...

I dread to go find out what he is doing to public education, especially since my career depends on it.

with education? Now this is a great big WTF. Another fox in the hen house move.

WTF is Obama thinking? I am embarrassed to call him a DEMOCRAT

call Obama a Democrat. I call him a Clinton Republican ....(shhhh):hide:

I am not ready to be tombstoned over the truth just yet.

Everyone agrees that U.S. education is ailing. In times past, the suggested remedy would have been to provide the patient with healthy food and effective medicine.

That is old school. Today, education "experts" realize that the best course of action is to bleed the patient to rid it of the "ill humours". The preferred method of bleeding is to use leeches belonging to the same genus such as "privatized" schools and "voucher" schools.

k&r

p.s. The unreccing trolls have been active in this thread.

That will keep our economy "competitive."

Okay...got it!

can make. We will pay for this for at least a generation in ways that have nothing to do with money. And the really bad thing that this shut off comes just when we need to deal with oil depletion and climate change. I know that the repugs want to stop him but does he have to surrender before the fight even begins?

Jesus *please* use the RTTT money for higher education, if they are using that money for RTTT that is obscene. RTTT is a scam.

not really.

i hold out no hope for this administration.

and and Christ I hope nobody is still reading because I'm just typing from the White House script and I don't even know if I'm linking up the boilerplate with the right issue and it's just getting embarrassing and I wish we had a president from the Democratic Wing of the Democratic Party instead of the OMG Imagine How Much Worse It Would Be If McCain Were President Wing because I'm so tired of trying to justify conservative crap as hope and change.

I am so sorry to hear that odin. :(

And I am getting REALLY pissed!

So many people get degrees but owe their souls to the bank for the rest of their lives! Thinking of you, good luck!