Formally known as the Basic Educational Opportunity Grant Program, the Federal Grant Program is considered the gateway to financial and higher educational opportunities for low-income students. It is a federal grant for undergraduate students who demonstrate financial need. The program was created in 1972 and was later renamed in 1980 after United States Senate Claiborne Pell who proposed the program. Signed into law by President Richard Nixon, The Federal Pell Grant is the first direct, post-secondary education program and is the largest federal need-based grant program for undergraduate college students. Compared to other outlets of financial aid that students receive such as federal loans, private bank loans, work study, SEOG, federal parent
Block grants refer to programs in which the federal government provides large sums of money to state governments in order to pay for various services, such as in the case of this report, health care. Block grants tend to have very little regulation has to how the funds should be spent. Instead, the receivers of the block grants get to decide on how the funds should be allocated. The United States has been using block grants notably since the 1970s under a political ideology known of “New Federalism” (Kodjak, 1).
When it comes to the topic of allowing prison inmates to receive state funded Pell Grants, one would have to weigh out the pros and cons. Many would say that one of the major cons is if we start permitting these prisoners to receive the same funding as an individual not in prison, then it would be unfair. Taking it a step further, wouldn’t the state be taking said Pell Grants from those who rightfully deserve the grant? Understandably, prisoners do deserve an education, but there are online courses or packets from accredited schools that they could utilize. Most likely the majority of prisoners that desire to attend college will never be released from prison.
The meaning of the Pell grant is to help economically disadvantaged students received a higher education by reducing the burden of the tuition and fee costs, and thereby, increase college participation. However, these good intentions of the Pell grant have caused one profound and unplanned consequence; which is the contribution to growing tuition cost for public and private colleges and universities. Supply and demand are the basic concepts of economics, so it’s no surprise that the increasing demand for higher education brought on by the Pell grant will have the consequence of rising tuition. More importantly, though, when Pell grants are used to pay for college, students are not as concerned with the cost as they would be if they were paying from their own pocket. As a result, the law of demand
The writer Michal Harrington once wrote about the young population who were marginally educated and suffered from social disadvantages such as the possibility of being displaced from a job and received a low pay. Such group as described still remain today, and the only difference is that they have increased in number. There is a need for the government to address this predicament, and President Obama suggested the implementation of a more innovative strategy. As presented, the solution to both the social and economic problems can be solved through new technologies and educational programs. Unfortunately, there are only a few initiatives that benefited the poor and low-income American families as the programs sponsored by private foundations are aimed at helping the more academically skilled.
2015). My claim is to provide an explanation on how poverty affects American students and their education. One out of every 18th person in the U.S. still lives under the poverty line (Bishwa A. 2012). A big reason why many Americans are dropping down to the lower class is due to divorce, and getting laid off, as factories upgrade their competition, and stock prices by relocating jobs overseas. So how does low income affect their children's?
According to Charles Moskos in his essay on behalf of Georgia Tech, “The need to enhance the compensation of the career force is very pressing” (Moskos 1). Since there is a lack of payment in the career force overall, not just in the military, recruitment in the service could provide a constant source of income during and after the soldier’s employment, which would provide a foundation for his or her family’s hopes and dreams. In addition to his previous argument, Moskos also stated that because of the GI Bill, which was implemented in World War Two, “$43 billion in grants and loan subsidies goes to students who do not serve their country” (Moskos 1). The GI Bill was originally used to assist veterans from the draft get back into normal life through school loans and credit assistance. Since the 43 billion dollars is being wasted on non-draftees, money that could be used on infrastructure, unemployment subsidies, and economic development is now being spent frivolously on ordinary students and adults in America.
Many colleges also do not have any plans or means of helping a poor student out, as illustrated in the
Many people dream of a life filled with riches, but that dream is hard to obtain without a college degree. It is somewhat ironic how people dream of being a successful student and going to college but the cost of tuition turns that dream into a horrible nightmare. It is not a shock to most people when they that college tuition is expensive, but in the past few years it has increased to an all-time high. Lower and middle class students have now begun to realize that college tuition is holding them away from their dreams. Even though college tuition could provide opportunities for job creation and economic growth, tuition is not affordable for the average American household which in effect, prohibits students from taking opportunities like going to college in the first place.
The cost of college tuition is an enormous problem now days. For a long time, the subject never got brought up and today things are changing. Students study hard and try their best to get that college acceptance letter from their dream college. Students all around the world are struggling with college debt and trying their hardest to receive those so-called ‘perfect’ grades. However, college tuition is not very affordable and is increasing every year.
Although some students can overcome these challenges, poverty remains a significant obstacle to success. In addition, families struggling to make ends meet, food insecurity, and housing instability often lead to difficulties paying tuition and limited opportunities for college graduation. All this makes poverty among college students in California an urgent issue that requires attention.
Of all the federal aid provided by the federal government for higher education, student aid makes of 42 percent of the total assistance provided, while aid for research and development makes up nearly one-third of total federal assistance (Mumper, Gladieux, King, & Corrigan, 2016, p. 217). Arguably, the Pell Grant has been one of the most important student assistance programs that have helped provide money to low-income students who aspire to attend college. However, the support provided by the Pell Grant is diminishing, with a maximum Pell Grant of $5,600 covering only 30 percent of the annual charges at a public four-year institution. In comparison, when the Pell Grant program was first implemented in the 1974-1975 academic year, the maximum Pell Grant was $6,200 and could be used to pay for 77 percent of the annual charges at a public four-year institution (Mumper, et al., 2016,
Parents across the nation have found it much harder to pay for their children’s education due to these rising costs. For example, in states like Arizona, Georgia, and Oklahoma “parents have seen a 77 percent increase in costs. In Georgia, it's 75 percent, and in Washington state, 70 percent” (citation). These rising costs would be especially challenging for young adults. Working for a college education is a challenge, and many cannot overcome it.
Equally important, some scholarships are based on race and social factors, however, these do not put a barrier or separate one group from having different financial challenges than the others. As prices continue to rise year to year, the majority of college students are faced with no solutions to the universally wretched financial
As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.
