States cut aid to college students as demand booms, By Ryan J. Foley (AP), August 12, 2009, Chicago Tribune: “Struggling with budget shortfalls that reach into the billions, several states are making deep cuts in college financial aid programs, including those that provide a vital source of cash for students who most need the money. At least a dozen states are reducing award sizes, eliminating grants and tightening eligibility guidelines because of a lack of money. At the same time, the number of students seeking aid is rising sharply as more people seek a college education and need help paying the tuition bill because they or their parents lost jobs and savings during the recession. Many of the affected programs are need-based grants that provide money that complements financial aid offered by schools and the federal government…”
Poverty-related issues in the news, from the Institute for Research on Poverty