FOR IMMEDIATE RELEASE: Friday, July 29, 2011

The budget plans developed by House Speaker John Boehner (R-OH) and Senate Majority Leader Harry Reid (D-NV) have one thing in common: they both try to do the right thing for low- and middle-income college students by sustaining funding for the Pell Grant program in a deficit neutral way. Now, some members of the House are trying to go back on that commitment and end the dream of college for millions of students.

This year, Congress has already cut over $9 billion from the Pell Grant program, terminated the federal matching grants program in partnership with the states, and found it necessary to tax graduate and professional student loans to pay for stabilizing Pell Grants.

We call on Congress to hold firm on the original Boehner/Reid debt limit measures, and stop the dangerous talk of balancing the budget on the backs of students.

The Student Aid Alliance is a coalition of organizations representing millions of students, parents, colleges and universities, and others, who believe that all qualified students should be able to go to college, regardless of their financial resources.

American Council on Education
Erin A. Hennessy, (202) 939-9367

National Association of Independent Colleges and Universities:
Tony Pals
, (202) 739-0474

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