Tuesday, April 10, 2012
Student Debt: Denying the American Dream
Over the past 20 years, federal investment in higher education has decreased significantly. The maximum Pell Grant award used to cover over 60% of the average tuition and fees. Today, the average award covers just 33% of those cost. Student loans, both federal and private, represent a much greater percentage of a student's financial aid package. In the past year alone, we have seen the largest cuts in the history of the student loan program, totaling $12.7 billion and the average Pell Grant award has decreased approximately $120.
National: Defining the American Dream
In the recession, the American Dream is alive. while in 2005 32& of population think that they achieve their American Dream, in 2009 it arose to 44&. the reason for that people have changed their definition on the American Dream. also, you can find a related article on this topic at: http://tinyurl.com/AmericanDreamNYT
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