CSCubed is preparing for AICUP Student Lobby Day in Harrisburg on April 1. Our primary goal is to convince legislators to commit funding to a new PHEAA grant program that helps middle class students pay for college. Leading up to Lobby Day we’ll be providing more information as to why this new grant program is so important.
AICUP research provides the following information:
The middle class is hit hardest by student debt because they are not wealthy enough to pay for education out of pocket and not poor enough to qualify for programs like Pell Grants. Consequently the new middle income PHEAA grants that CSCubed supports will help a population that has the most student loan debt of any income category.
College Students Concerned by College Costs is joining the Association of Independent Colleges and Universities of Pennsylvania’s Student Lobby Day on April 16 in Harrisburg. We will be advocating for the Middle Income Student Debt Reduction Act that is currently before the Pennsylvania Legislature. For more information on the act please yesterday’s post.
We’ll be live tweeting the events on Twitter @CSC_Cubed. Send us your pictures and experiences there or use #studentlobbyday.
College Students Concerned by College Costs is supporting the Middle Income Student Debt Reduction Act currently being debated in the Pennsylvania Legislature. The Senate version (SB 420) is being sponsored by Senators Ward and Alloway and the House version will be introduced shortly by Representative Quinn (see the co-sponsorship memorandum here).
This law is aimed at helping families with incomes between $80,000-110,000 pay for college. Currently, this demographic finishes college with the highest average student loan debt of any income group.
The legislation proposes to reinstate $36 million that was cut from PHEAA funding last year as a new program dedicated to giving grants to families in this income group. For a complete discussion of the merits of the legislation, please see a video from Senators Alloway and Ward, as well as the Association of Independent Colleges and Universities of Pennsylvania’s website.