Florida student assistance grants would grow by $121 million. Senators also want to double the state’s matching grants for “first generation” college and university students to a total of $10.6 million.
student aid
Dim Futures: Florida’s Student-Loan Default Rate Rises to 10 Highest in the Nation
Students are defaulting on loans at higher rates, especially in Florida, because of a lousy job market, higher interest rates, and a rise in for-profit colleges that typically charge more than public colleges.
Don’t Fall For It: The “Obama Mom” College Grant Scam
Obama mom ads are everywhere. But there’s no such thing as an Obama grant for moms, who are eligible for Pell Grants, student loans and other aid like anybody else.