Quote:
Originally Posted by Brujah
Quit assuming the math is wrong, or based on your assumptions if you're too lazy to do the research. If it matters to you, then you should at least make an effort to break it down factually and accurately. Don't make assumptions based on someone else's GFY speculation.
The actual amount Paul Ryan wants to cut is $170 billion.
9 million students utilizing the Pell Grant.
A maximum of $5,550 per student per year.
The 2010-2011 program awarded $35,676,927,369 to over 9 million students for an average of ~$3,964 per student.
Over 1/4th of all students in the U.S. take advantage of the Pell Grant program. Almost 80% of students receiving bachelor's degrees, use Pell Grants. Due to rising costs of tuition, the Grant only covers a small portion, about 1/3rd the costs and most of these students will take out student loans.
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so this one cut is going to do massive damage to whatever recovery the US hopes to achieve over the next few decades?
unless of course, the plan is to turn the US into the newest 3rd world country