Wednesday, May 13, 2009

Obama, Cuts Funds For HBCU's

While perusing the Black Voices forums I ran across this little tidbit of information about Barack Hussein Obama cutting federal funding to historically black colleges. I’m not surprised. This is the same president who killed the DC private school voucher program that mainly benefitted black students from DC’s poorest neighborhoods.

I can’t wait to see the excuses the Kool Aid drinkers give for this indefensible action by the Obama administration.

Leaders of historically black colleges say they’ll fight a reduction in a federal program they call a financial lifeline at a time of economic distress for the schools and their students.

President Barack Obama’s education budget, unveiled Thursday, included major spending increases in many areas — but didn’t include an extra $85 million that black institutions have received annually for the past two years thanks to a 2007 change to the student loan laws.

That two-year-old program provided direct funds to federally recognized HBCUs — historically black colleges and universities.
Other direct federal support to the schools would increase from $238 million to $250 million, but with the expiration of the HBCU fund the schools effectively would see a $73 million cut.

A program supporting Native American tribal colleges would also see decreased funding, while one for institutions serving large numbers of Hispanic students would see an increase from $93 million to $98 million.

Education Department officials emphasized that all such institutions stand to gain from other parts of the budget, notably the proposed increase in the maximum Pell Grant for low-income students by $200 — to $5,550.

1 comment:

Kim Lampkins said...

I realize that there are people who are chomping at the bit to bash the President. But it would behoove them to do their research before initiating the bashing. I did mine:

http://kimlampkins.blogspot.com