Speak Out to Save Cal Grants!
Governor Schwarzenegger's revised 2008-09 state budget
proposal, announced yesterday, would unfortunately still eliminate all new
Competitive Cal Grants. These grants provide needed funds that help
high-achieving, low-income students cover a range of college costs.
Cutting this program would hit community college students
hardest, eliminating 45 percent of all new Cal Grants for community college
students. Community college students make up 73 percent of those who will be
hurt by this cut.
Please contact your
representatives in Sacramento, and urge them to save the Competitive Cal Grant.
Learn more about the cuts from our issue brief, "Proposed Cal Grant
Cuts Would Hit Community College Students Hardest."
(Sent to our California email list on May 15, 2008)
Featured Work
Poll: Young Adults Say Higher Education is More Important but Less Affordable
A national bi-partisan survey of adults ages 18-34 reveals that young adults today believe a college education is more important than it was for their parents' generation, that it has become less affordable in the last five years, and that students are leaving school with too much debt.
Student Debt and the Class of 2010
College seniors who graduated in 2010 carried an average
of $25,250 in student loan debt and also faced the highest unemployment levels
for new college graduates in recent history at 9.1 percent.
Critical Choices
Our new report looks at promising and problematic practices of financial aid offices when students apply for private student loans.
Still Denied
Our new issue brief Still Denied: How Community Colleges Shortchange Students by Not Offering Federal Loans found that more than one million community college students were denied access federal student loans, the safest and most affordable way to borrow for college.
Adding It All Up
By the end of October, U.S. colleges must meet a federal requirement to
create online "net price calculators." We took an early look at how
colleges are approaching this requirement and found mixed results for
how easy the calculators were to find, use, and understand.
Student Debt and the Class of 2009
Our student debt report for the class of 2009 found college seniors carried an average of $24,000 in student loan debt while unemployment climbed from 5.8% to 8.7% in 2009.
After the FAFSA
This report sheds light on what happens to federal financial aid applicants after they submit the FAFSA. Using 2007-08 financial aid data from 13 California community colleges, the Institute found that one in three likely Pell-eligible applicants did not receive a Pell Grant.