Expanding Access To College
Posted by Eric on Thursday, May 7th, 2009My Dad was the first in his family to go to college and would never have been able to attend USC if it weren’t for the scholarships he received. When I attended Columbia, I was fortunate to earn a scholarship to help pay for some of my expenses. Currently, more than 24,000 students in the LA Community College District receive Pell Grants to help them pay for their higher education. Without this assistance, millions of young people each year would not be able to reach their goal of attending college.
Which is why I was so thrilled to see President Obama propose expansions of both the number of people eligible for financial aid as well as the amounts they are eligible for as part of his 100 days agenda. The president’s goal to improve access to college for lower-income students to make sure they have a better shot of achieving success later in life is a laudable one.
A quick rundown of the reforms President Obama has initiated:
* Increased the number and amounts of Pell Grants
* Created American Opportunity Tax Credit
* Increased Work Study funding
* Allows 529 funds to be used to buy computers
We know that college graduates have an advantage when applying for jobs and they earn more money over their lifetimes (studies show that the average college graduate will earn $1 million more in his or her lifetime than the average high school graduate.) It’s imperative that government play a part in expanding access to assistance for those that need it most so we can level the playing field and make a first class education accessible for everyone again.
To make sure young Angelenos are informed as to the financial aid they’re eligible for, my office holds regular Cash For College workshops. Check back here at the blog for updates and be sure to go to LACashForCollege.org for more information.




