Sunday, February 13, 2011

Obama to seek changes in Pell Grants



I fully support President Obama but I think we should all pay attention to what is going on. Pell Grants help many low income African Americans  through college and any changes could potentially be devastating to future black college applicants. George Cook AAreports.com. Author of the Kindle book Let's Talk Honestly: One Black Man's Thoughts $1.50

[ SOURCE ] An administration official says President Barack Obama is proposing to cut $100 billion over a decade from the Pell Grant program through belt-tightening, but use the savings to keep the maximum college financial aid award at $5,550.

Most of the projected savings, more than $90 billion, would be achieved through two changes would require congressional approval.

The administration official spoke on condition of anonymity because Obama's 2012 budget hasn't been released. That happens on Monday, when the White House sends the plan to Capitol Hill.

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