Keeping the Middle Class Down and the Upper Class High

When it comes to students and college, it helps to know how tuition gets paid. More importantly, for many, how it will get paid back.

For example, according to CollegeBoard, over 7.1 million U.S. students last year received Pell Grant or financial aid the U.S. government provides for students who need the money in order to pay for and attend college. Millions more receive student loans. These aids are crucial to many students in order for them to obtain higher education.

Unlike student loans, grants require no repayment, but they have strict qualifications. In order to qualify for this grant at USF, the student must be admitted as a degree-seeking undergraduate, complete a free application for Federal Student Aid (FAFSA), maintain passing grades and not be in default on a federal student loan or grant.

On March 15, a budget proposal was released that reduces the funds of the Pell Grant by $3.9 billion. Although the Trump Administration says that by doing this they are protecting the future of the grant, this is a way of keeping the lower middle-class down. Continue reading Keeping the Middle Class Down and the Upper Class High