Statement on Trump Administration’s Full FY18 Budget for Higher Education

The Trump Administration’s fiscal year 2018 budget for higher education is a recipe for higher student debt, greater inequality, and a weaker economy. President Trump has said that student debt should not be an ‘albatross’ around students’ necks, yet the almost $150 billion in cuts to grant aid, work study, and student loans in this budget would force millions of students to take on even more debt and make it harder for many to repay.