Do you think your family will one day need financial aid for college? Are you or your student now relying on state or federal aid? Are you struggling to pay off your college debt?
If any of these circumstances apply to you, you have until November 6 to take personal actions to make government programs work for you. How? Vote! You’re not registered to vote? Get registered right away!
There are 6,070 state legislative seats, 435 U.S. House seats, 36 governorships, and 33 U.S. Senate seats up for election on November 6, and you can vote for and against candidates at least in part based on what they’ll do about college affordability.
Make sure you educate yourself about candidate records and positions on grants, loans, scholarships, and work-study. To do this:
- Review their campaign websites for statements about college affordability and student aid;
- Write and ask what they plan to do about college costs and student aid; and
- Confront them at campaign events with direct, specific questions — and don’t let them off the hook until they give real answers.
For example, did you know that, over the last decade:
- Congress increased funding to provide up to $1,160 (37%) more in Federal Pell Grants. But the average cost of one year at a public college or university increased $7,924 (146%), so the nation’s largest college grant program now covers $6,314 less of those costs.
- State legislatures allocated only 33% more for grants and scholarships even though there’s been a 12% increase in college students who are paying almost 150% more to attend college.
Did you know the U.S. House Committee on Education and the Workforce recently passed HR 4508 on a party-line vote. If this bill becomes law it would:
- Eliminate Federal Direct Subsidized Loans, the least expensive form of college debt, which, even if interest rates don’t climb, will raise the typical undergraduate’s cost of borrowing by at least $2,710 (8%).
- Kill Public Service Loan Forgiveness, leaving tens of thousands of first responders, teachers and others who provide low-paying but essential community services without a way get some of their college debt cancelled in exchange for 10 years of full-time government or nonprofit employment.
- End the Federal Supplemental Opportunity Grant program that currently provides $840 million a year to our neediest college students.
And did you also know that more candidates than ever are pledging to work for free college tuition if they get elected or reelected?
So there’s no shortage of financial aid issues on which you need to pin down the candidates, then use what you learn in voting decisions. Get busy. November 6 is just 35 days away!
Use College Affordability Solutions’ Topical Index or contact College Affordability Solutions to learn about strategies that’ll help you control your postsecondary education costs before, during, and after college.