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Thursday, February 19, 2009

The Economic-Recovery Law: Winners and Losers

Writing in The Chronicle of Higher Education, Sara Hebel shares her list of winners and losers - within higher education, from the stimulus package. Winners include work-study students, students a low-cost institutions, students from low-income families, biomedical research, and people wanting to be trained at community colleges. Losers include students who use Perkins Loans, undergrads who want to borrow more than before, and . . . higher education facilities.
The $787-billion economic-stimulus legislation that President Obama signed into law this week contains large sums of money for students and researchers. But the final version of the plan excludes billions of dollars that Congress had considered giving to various higher-education programs. Here's a look at how the law, as enacted, produced both winners and losers.

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