The Federal Pell Grant program has continued to support college students with financial needs for over 40 years. Starting in 1972 as the Basic Educational Opportunity Grant, the program was later renamed after Senator Claiborne Pell, whose goal was to provide economically disadvantaged students with the opportunity to pursue higher education beyond secondary schooling. Even though the program is more geared toward increasing the number of college graduates seeking a bachelor's degree, being successful at the community college level can greatly benefit post-secondary students. Some of the advantages of an associate’s degree include higher pay than a high school diploma or GED certificate, relatively quick acquisition of higher education …show more content…
Moreover, I will respond to a few anti-Pell grant criticisms and elaborate on how changes to the program may make it more effective.
The Federal Pell Grant Program’s Purpose: Addressing the Economic Market Failure The Federal Pell Grant program’s purpose is to provide financially needy students with a foundation of post-secondary educational support. As low income earners continue to lack the skills necessary for skilled labor careers, and the demand for low skilled labor decreases, the wage gap will increase. As the wage gap increases, so would the need for effective social welfare funded by the government via taxpayer dollars. Pell grants are meant to offer students with an opportunity to break the cycle of being economically disadvantaged, and the program gives them a chance to improve their economic situation, and thus, society as a whole.
The Federal Pell Grant Program: What it is and How it Works
Pell grants are federal subsidies given to students primarily on a financial need basis to help them invest in higher education. The money is not meant to be repaid like a loan. In 2015, the program provided a maximum of $5500 in grant money to undergraduate students. The maximum has risen a few hundred dollars since then, but the amount covers the costs of community college tuition more completely than for a 4-year institution. Low attainments rates can be attributed, in part, to low income families being unaware of the cost of college, thus, not
The Department of Education’s Pell Grant program costed the taxpayers 31 billion in the fiscal year 2015 which doubled compared to 2007. It’s nearly impossible to get denied for a loan today all it takes is a simple click. College Investor Robert Farrington says to many students simply "scroll down and click 'I Agree'" without realizing what they are agreeing to. We put such a strong need for education, but when it comes to educating borrowers and parents we fail. Does anyone really understand the fine print when it comes to borrowing amounts and future payment plans and interest rates?
College tuition has skyrocketed over the past decades making the pathway to college less accessible to low-income families. According to the
My father is going to retire in some years and my mother is a house wife. They both have invested in their house heavily therefore these reasons might affect my family’s ability to fund my college tuition.
A young person should strive to support their local community for various reasons. Engaging in community service provides people with the opportunity to become active members of their community and has a lasting, positive impact on society at large. Community service and volunteerism enables one to acquire life skills and knowledge, as well as provide a service to those who need it most.
policy will be followed, and may result in dismissal of the student from Indiana Wesleyan
Recent high school students are debating whether to or not attend college, should consider the benefits of attaining a college degree. For many low or middle income students, this a route to gain opportunities to improve their economic circumstances. An article, “Pathways to Prosperity,” states in 2008, workers with bachelor's degree make about 65 percent higher than high school graduates and workers with associate's degree make about 73 percent more than high school dropouts.. This is evidence obtaining a college degree can be an opportunity to have earnings higher and significantly increase one's income.
Ulysses Hiram Grant was born April 27, 1822, in a two room frame house at Point
To start things off, FAFSA Pell grants should be given to students whether they have good grades or bad grades because motivating students is the key to their success. Financial aid helps students and their families pay for college. Paying for students’ classes impels them to push hard because they understand that someone is willing
One incorrect argument one hears, usually within the policy community, is attributable due to a design quirk, the year-round Pell Grant program provided 50 percent additional edges than meant as students unwittingly received two full Pell Grants in an exceedingly single year. Costs were thus higher than expected. Perhaps the most misrepresented claims regarding the year-round Pell Grant came from the Obama administration, that argues that the program “has nonetheless shown any evidence” that it inspired students to accelerate their studies. Several perceive that year-round Pell Grants cost way more than budget consultants and policy manufacturers expected, implying that sudden prices were unreasonable. It seems those higher costs were not attributable to some feature of the year-round Pell Grant. Still, several are under the impression that a year-round grant should not increase the cost of the overall Pell Grant Program at all. “After all, students who use two years’ worth of grant aid on two years’ worth of classes theoretically would receive the same amount of Pell Grants whether they take one year or two to complete those course” (2). Despite the fact that summer Pell Grants were cut by the Obama administration starting in 2009-2010, there are no synchronal facts that demonstrate that the grants were not useful. In conclusion, the
My interest for the Attorney Advisor position with the United States Patent & Trademark Office (USPTO) arises from my longstanding commitment to constantly improve myself. I have always enjoyed legal research, writing, and the complexities of intellectual property. I have no doubt that my enthusiasm to research, my eagerness to learn, and my strong ability to communicate clearly, work efficiently, accurately, and quickly, will make me an invaluable asset to the USPTO. I believe these traits combined with my unique skillset, developed as a result of experiences working for the Arizona Diamondbacks of Major League Baseball (Diamondbacks), Nike Inc. (Nike), and the Arizona Attorney General’s Office, Liability Management Department (AG Office)
OSAP, a program designed to benefit Ontario residents in need; they can apply to receive a Canada-Ontario integrated student loan through the Ontario Student Assistance Program or OSAP. The program was started back in the 1990’s, by the Ontario government to enable those with lower incomes to receive loans, grants and scholarships which allows them to have the ability to pay for their post secondary education.
Presently, the availability of educational opportunities at the college and university level is a critical state and personal interest given the needs of the state for a well-educated workforce which has never been greater. Too many, the focal point of attending college is receiving a high paying job in the future. Unfortunately, in most states, tuition is on the rise and students who come from low-income families find themselves struggling to fund their education. According to legislatures, “The cost of college in New Jersey, as in the nation, continues to grow faster than the rate of inflation.” (State of New Jersey 1). In the national financial aid policy resources that are typically given to the neediest families are shifting towards
Ever since I was a young kid I have always been interested in movies. My grandma, who was full of the wise the life experience left, always knew about my interest in movies. She feed my vain for the art. Even though her religion, she professed Adventist of seven-day religion, didn't let her go to the cinema, she always found the way to took me to the cinema. She and I enjoyed watch movies. We used to sit in the darkness room, with our faces illuminated from the reflection of the light which rebooted from the screen, both absorbs in the plot of the movie which made us laughed or cried. After the movie, while we went back to her home, she started to talk about the movie. She had a particular point of view where the main story
Chapter one helped clarify grant terminology that I may run into while conducting grant research and filling out grant applications. I found this useful because I now have a better understanding of what certain grants are looking for and the grant language that is needed. This chapter also helped me learn how to set up a plan for keeping track of the grants I am working on and helped set up the process. The second chapter goes over how to create and complete funding plans for each grant. It stresses that without a plan it is difficult to have a successful grant process. This chapter has useful suggestions on what to look for within an organization to decide where funding is needed. The third
If you earn a hospitality and tourism degree from the University of the Potomac, you can save money with our Tuition Assistance Grant (TAG) program and receive an education that will help you get a job that pays well, is fun, and could have a lot of perks.