College Affordability Timeline

Making College Education More Affordable

 

1636 – The first institution of higher learning, Harvard, was founded.  Founded 16 years after the arrival of Pilgrims at Plymouth.

1643 – Ann Radcliffe established the first scholarship at Harvard.

1901 – Joilet Junior College was the first junior college founded.

1965 – The Federal Family Education Loan Program (FFELP) was established to deliver and administer guaranteed education loans for students and their families. 

1972 – The Federal Pell Grant Program was established.  These grants do not have to be repaid.

1970-1980 –Male college enrollment rates dropped from 32% to 26%.

1990-2003 – Male college enrollment rates increased from 32% to 38%.

2008 – Barack Obama and Joe Biden propose to provide $25 million annually in matching funds for states to develop the Early Assessment Program.  This program enables high school students and families to find out if they are on track to be ready for college when the time comes. 

2009 – Barack Obama proposes the American Opportunity Tax Credit.  This is a fully refundable program that will make the first $4,000 of college fees free to most Americans.

2005-2010 – College costs increase nearly 40%.

5 Links

 

http://collegepuzzle.stanford.edu/?p=516

This is a blog post from Stanford University’s “The College Puzzle”.  This blog talks about how the Early Assessment Program is offered in English language arts and what it means for student participation in the program. 

http://www.cbpp.org/cms/index.cfm?fa=view&id=2268

This is a post on how The American Opportunity Tax Credit can make college more affordable for most Americans. 

http://www.cnn.com/video/?JSONLINK=/video/us/2009/02/23/am.carroll.broke.students.cnn

This is a video article on how a student from Syracuse University cannot afford college because of increasing prices of college tuition.

http://www1.voanews.com/english/news/american-life/a-13-2009-10-15-voa5.html

This is an article about a Burmese student who receives a scholarship to study in the United States.  It was her dream to study in the US and the scholarship made it possible. 

http://thesnapper.com/2009/03/25/worry-not-obamas-budget-plan-may-help-students-get-pell-grants/

This is an article that demonstrates how Barack Obama’s Pell Grants can help students afford college.

Summary

 

These links demonstrate how Obama’s proposals and ideas for making college more affordable work in the real world.  These links also show the harsh reality of how many Americans cannot afford college.  The first link relates to the Early Assessment Program and how real students use it.  The second link is an article on how Obama’s American Opportunity Tax Credit can make college more affordable for college seekers.  The third link relates to my timeline by demonstrating a student who struggles to go to college due to increased college costs.  The fourth link is a story about a real student who receives a scholarship to study in the US.  Her dream is only possible because of her scholarship.  Finally, the fifth link is an article that demonstrates how Pell Grants can help students afford college.  Obama is proposing Pell Grant Opportunities as shown on my timeline.

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