Senate and House FY16 Budget Plans Make College Less Affordable
Senate and House FY16 Budget Plans Make College Less Affordable Both Slash Pell Grants, Increase Student Debt - House Plan Also Repeals Pay As You Earn Plan and Public Service Loan Forgiveness

March 19, 2015
Statement of Pauline Abernathy

With students and families already struggling to pay for college and the federal government already profiting from federal student loans, both the Senate and House Budget Committees’ fiscal year 2016 budget plans would force millions of low- and moderate-income students to borrow even more while also increasing their cost of borrowing. The House plan would make college even less affordable by making student loans harder to repay.