House FY14 Budget Proposal Makes College Less Affordable
Cuts Pell Grants and Doubles Student Loan Interest Rates

March 12, 2013
Statement of Lauren Asher
As students and families across the nation struggle to keep up with college costs and pay off their student loans, the House Budget Committee’s fiscal year 2014 budget would make college even less affordable. It slashes Pell Grants, which help more than nine million students get to and through college, and would do nothing to stop subsidized student loan interest rates from doubling this July.