Barack Obama planning some changes in the Pell Grant program

February 14th, 2011 - 7:14 pm ICT by Aishwarya Bhatt  

Washington DC, Feb 14 (THAINDIAN NEWS) President Barack Obama is desperately accessing how to cut expenses and keep the budget deficit down.

The administration is reportedly considering cutting the Pell Grant program by $100 billion over the next decade. The proposed cut would greatly affect students who hope to get to the college.

The Pell Grant is a program that is used to help students from lower income groups to get a college degree. The proposed cut would need the approval from the Congress. If it is approved the federal government would be spending not more than $5,550 on a student.

A recipient of the grant is worried what the cut would do to students who do not have the college fees. Camelia Sherrod said that, “It actually really helped me out, the Pell Grant helped me out, on top of me having 75 percent bright futures because I was able to pay my rent without having to work full time, I could pay for all of my extra books and expenses, all the things that bright futures didn’t cover.”

America deficit currently stands at all time high. The government is struggling to keep spending down and in doing so it hopes to avoid the adding on to the deficit. The government promises to cut the deficit by $1.1 trillion which many analysts believe is an ambitious move.

Americans have however been warned to tighten their belts for tough times ahead.

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