Don't Fix Deficit By Penalizing Students

November 9, 2005 | Newsday |

Senior Fellow Nomi Prins tackles the House Committee on Education and the Workforce in revisiting a bill from the summer that cut $8.7 billion from higher education financial assistance programs. Prins outlines how slicing programs hits hardest those who most require aid, contributing to the growing chasm in opportunity for millions of Americans.

Now, the committee wants to chop more from the $37 billion education entitlement pot, bringing total cuts up to $15 billion during the next five years. This means hacking available funds by 40 percent. The House is set to vote on the reconciliation bill that includes these recommended cuts tomorrow.