Top Ten Videos to watch

HISTORY Brings 'Roots' Cast And Crew To The White House For Screening
Graduates tossing caps into the air
Freddie Gray Baltimore Protests
Mid section of man in graduation gown holding diploma
Legendary Baseball Player Tony Gwynn's Family Files A Lawsuit Against Big Tobacco
ME.jailhouse#2.0117.CW Montebello City Council has approved use of a private contractor to run the n
Chicago Mayor Rahm Emanuel Addresses Police Misconduct At Chicago City Council Meeting
WWII Soldiers Standing In A Flag Draped Sunset - SIlhouette
Students Taking a College Exam
Bill Cosby Preliminary Hearing
Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
US-POLITICS-OBAMA
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
24673281
US-VOTE-DEMOCRAT-SANDERS
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
Medicare
President Bush Speals At Federalist Society's Gala
Police
Police Line Tape
Senior Woman's Hands
Police officers running
New Orleans Residents Return to Housing Projects
David Banner
Leave a comment

50th March On Washington Anniversary

It was announced last month that the Obama administration will formally propose changes to the federal PLUS loan program. These changes, they hope, will adjust for some of the negative effects of previous changes made to the program, effects that hit low-income students and HBCU students especially hard.

A few years back and without any announcement, the Department of Education changed the borrowing requirements for its PLUS loan, making it more difficult for some borrowers to qualify. What officials didn’t consider, however, was that PLUS loans were disproportionately used by the parents of black students. As a result of the changes, black students were denied loans at alarming rates and enrollment dropped sharply at many of the nation’s HBCUs.

The Department of Education says that the adjustments announced in August will loosen the credit requirements and would take effect in July 2015.

“The Obama administration is committed to keeping college accessible and affordable and helping families make thoughtful and informed choices to fund a higher education in today’s economy,” Education Secretary Arne Duncan said in a statement. “These changes allow us to continue to be good stewards of taxpayer dollars and open the doors of college to ensure all students have the opportunity to walk through them.”

Not everyone is so excited about the move, though. Members of the historically black college community say the changes are inadequate.

“This proposed reform, with a 2015 effective date, doesn’t help the students forced to withdraw two years ago neither does it do anything to help those hoping to begin their college career starting later this month,” said Johnny C. Taylor, Jr., president of the Thurgood Marshall College Fund in a statement. “The Education Department repeatedly ignored proposals from higher education leaders that would’ve substantially mitigated the damage done to children from lower and middle-income families devastated by the Great Recession.”

“This reform is too little, too late,” Taylor continued. “We are literally watching some of our best students and colleges suffer needlessly as a result of this continued delay. I am urging HBCU leaders, advocates, students, and alumni to comment on the PPL reform and speak out to help the tens of thousands of students denied college access.”

Also On News One: