Well we sure are in a poor situation aren’t we? The Obama administration is apparently trying to stretch the American dollar based on the American dollar of ten years ago, because programs running out of money short of the date that the money was meant to last till is becoming a theme. Any one remember the “Cash for Junkers” program over the summer? They seemed to have had the same problem. Its kind of embarrassing that we are constantly coming up short when it comes to the bailout funds. What I mean is we’re 2.98 Trillion (with a T) deep into this bailout and we have come up $18 billion short for Pell Grants? I just read an article how Bank of America gave back their $45 billion early, why not just reallocate?
Its very upsetting that the federal Pell Grants that are awarded (even though they barely cover the cost of books anymore anyways) have come up short in a time where our president is allegedly 100% behind the push to get our people back to work so we can get our educated Americans a great paying and secure career not just some slacker position that folds shirt at the local Gap retail outlet. The fact of the matter is we shouldn’t be given the opportunity to discuss coming up short, we should be discussing the idea of giving the Pell Grants a financial boost to help all the unemployed stay with their education. It’s just another piece of political rhetoric. What it makes me feel like is actions speak louder then words, Shame
http://tinyurl.com/yhnwtk8 - grants 18 billion short
http://tinyurl.com/yfa2ubt - BofA gives back 45b back early
http://tinyurl.com/cf76h5 - 2.98 Trillion
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