Students Have A Stake in The Debt-Ceiling Crisis

Any higher education students out there who think the whole Washington debate about raising the debt ceiling is just some hypothetical exercise that doesn’t affect you, think again.  If the debt ceiling isn’t raised, then we don’t know what the government will pay and what it won’t pay in August and September.  And Treasury isn’t dropping any clues as to what they’ll pay and what they won’t.  Your student financial aid, your  Pell grant or tuition grant or research grant, might be what doesn’t get paid.  Just because it’s approved now, doesn’t mean the government will actually pay it without a debt ceiling increase.


One thought on “Students Have A Stake in The Debt-Ceiling Crisis

  1. On the other hand… if the Reid plan becomes law Pell Grants get an increase in funding of $18 billion… under the Boehner plan Pell Grants are increased by $17 billion.

    Pell Grants is the only program in all of government that gets increased funding in either debt-ceiling plan.

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