Tuesday, March 26, 2013
President of Agnes Scott and college trustee: Cutting aid to private college students will cost more than it saves - Maureen Downey, Atlanta Journal Constitution
House budget writers reduced the Tuition Equalization Grant — money paid to all private college students — from $700 to $500. The subsidy program has been around for about 40 years and is meant to help private college students pay tuition. The $6 million saved by reducing the grant would be plowed into the Technical College System of Georgia. Deal proposed a $24 million cut in technical college funding because of an enrollment drop at the schools. Technical colleges, like University System of Georgia schools, are funded largely based on enrollment. The cut has alarmed private colleges, which contend that the money is often a factor in a student’s ability to enroll.
http://blogs.ajc.com/get-schooled-blog/2013/03/20/president-of-agnes-scott-and-college-trustee-cut-to-aid-to-private-college-students-will-cost-more-than-it-saves/?cxntfid=blogs_get_schooled_blog