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American Bridge Paul Ryan Research Book

American Bridge Paul Ryan Research Book

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Published by: americanbridge21 on Aug 05, 2012
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Under The New Ryan Plan, 1 Million Students Would Lose Pell Grants. According to the Huffington Post, “More than
1 million students would lose Pell grants entirely over the next 10 years under Rep. Paul Ryan’s budget, according to an

analysis that the national reform organization Education Trust provided to The Huffington Post. And by the looks of it, the

Ryan budget, which is slated to hit the House floor this week, would hit the poorest kids hardest. […] The plan proposed by

Ryan (R-Wis.), who chairs the House Budget Committee, would chop away at Pell grant eligibility, thereby reducing total Pell
grants by about $170 billion over the next decade; allow the interest rate for federally subsidized Stafford loans to double; end
student loan interest subsidies for those still in school; and make Pell spending discretionary -- instead of mandatory --
allowing further cuts down the line. Pell grants, the largest source of federal financial aid, currently help more than 9 million
students to afford college. Following last year’s budget standoffs, next year’s maximum Pell grant of $5,645 will cover just one-
third of the average cost of college -- the smallest share ever.” [Huffington Post, 3/27/12]

Education Trust Estimated 400,000 Students Would Lose Grants Under Ryan Plan. According to the Sun Chronicle,
“Grants are considered the most helpful form of financial aid based on need because they do not have to be paid back. ‘This
money makes the difference to many families between going to school and not going to school,’ she said. She said an
estimated 400,000 students will lose their grants next year, while the amount of aid will be lowered for others.” [Sun Chronicle
(Attleboro, MA), 4/9/12]

Ryan Budget Slashes Pell Grants. According to the Center for Budget and Policy Priorities, “The Ryan budget reportedly
also cuts SNAP (that is, food stamp) benefits by $133 billion over ten years and slices Pell Grants. The former would likely
increase hunger and hardship among poor children, while the latter would likely reduce opportunities for promising students
from low-income backgrounds to attend college.” [Center for Budget and Policy Priorities, 3/21/12]

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Romney Supported Federal Budget Cutting Pell Grants By 25 Percent. According to the New York Times, “That may
be because Mr. Romney supports the House Republican budget, which would cut Pell Grants by 25 percent or more at a time
when they are needed more than ever.” [New York Times, 3/5/12]

2012 Ryan Budget Plan Would ‘Return Pell Grants To Pre-Stimulus Levels.’ According to the House Committee on the
Budget FY 2012 Budget Resolution, “Return Pell grants to their pre-stimulus levels to curb rising tuition inflation and make
sure aid is targeted to the truly needy.” [House Committee on the Budget, Path to Prosperity FY 2012 Budget Resolution,
2011]

2012 Ryan Budget: Pell Grants Were ‘On An Unsustainable Path,’ Necessary To Cut And Target To The ‘Truly
Needy.’ According to the House Committee on the Budget FY 2012 Budget Resolution, “Congress must do a better job of
delivering job training resources in a targeted, accountable way to people who need them, so that more can take advantage of
the nation’s network of private and non-profit job training centers. The last Congress did nothing to streamline the nation’s
duplicative job-training programs. Instead, it recklessly expanded Pell grants for higher education beyond government’s means
to pay, exacerbating an existing trend of spending-driven tuition inflation and endangering the viability of the program for the
truly needy. The President’s budget recognizes that Pell spending is on an unsustainable path and recommends a few reforms
to start to get control of the program’s costs. This budget takes the necessary next steps to ensure Pell spending is brought

under control and targeted to the truly needy instead of being captured in the form of tuition increases. Recent studies have
demonstrated that increases in Pell grants appear to be matched nearly one for one by increases in tuition at private
universities.” [House Committee on the Budget, Path to Prosperity FY 2012 Budget Resolution, 2011]

Ryan Budget Claimed President Was Pushing Pell Grants To ‘Unsustainable Rates.’ According to the House
Committee on the Budget FY 2013 Budget Resolution, “The first two years of this administration were marked by a reckless
expansion of the federal government’s obsolete approach to education and job training, endangering the viability of advanced
education services for those most in need. The administration’s budget pushes Pell Grant spending toward unsustainable rates,
contributing to tuition inflation and inhibiting upward mobility and access to better opportunities.” [House Committee on the
Budget, Path to Prosperity FY 2013 Budget Resolution, 2012]

2013 Ryan Budget: Pell Grants Were ‘On An Unsustainable Path,’ Necessary To Cut And Target To The ‘Truly
Needy. According to the House Committee on the Budget FY 2013 Budget Resolution, “Return Pell Grants to a sustainable
funding path to ensure aid is available for the truly needy and to curb tuition inflation for all students. Even the President’s
budget acknowledges that college costs are on an unsustainable path. Furthermore, recent studies have demonstrated that
increases in Pell Grants appear to be matched nearly one for one by increases in tuition at private universities. This budget

puts Pell on a sustainable path by limiting the growth of financial aid and focusing it on low income students who need it the

most. This will force schools to reform and adapt. It will also ensure that Pell spending goes to students who truly need it.

Moreover, federal intervention in higher education should increasingly be focused not solely on financial aid, but on policies

that maximize innovation and ensure a robust menu of institutional options from which students and their families are able to
choose. Such policies should include reexamining the data made available to students to make certain they are armed with
information that will assist them in making their postsecondary decisions. Additionally, the federal government should act to
remove regulatory barriers in higher education that act to restrict flexibility and innovative teaching, particularly as it relates to
non-traditional models such as online coursework.” [House Committee on the Budget, Path to Prosperity FY 2013 Budget
Resolution, 2012]

Ryan Plan Would Make Paying For College ‘Substantially More Difficult.’ According to the Sun Chronicle, “As student
debt soars, the U.S. House is looking to cut college financial aid in a way that critics contend will make it even harder for
middle class families to afford higher education. The House has passed a budget plan authored by U.S. Rep. Paul Ryan, R-
Wisconsin, that slashes Pell Grants for low-income families and doubles the interest rate on unsubsidized Stafford Loans.
‘This will make things substantially more difficult’ for students trying to pay for college, said Kate Tromble with The
Education Trust.” [Sun Chronicle (Attleboro, MA), 4/9/12]

Education Trust: $200 Billion Would Be Cut From Grant Program Over 10 Years Under Ryan Plan. According to the
Sun Chronicle, “Over the next 10 years an estimated $200 billion would be cut from the grant program, leaving about one
million students without the aid. The maximum grant would be reduced immediately to $5,550, the lowest level as a
percentage of the tuition in the history of the program. Part-time students -often the poorest of college students - would no
longer be eligible for the aid.” [Sun Chronicle (Attleboro, MA), 4/9/12]

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