Contact: David Hawkins
Arlington, VA (March 11, 2019) — President Trump’s proposed fiscal year 2020 budget withdraws needed support for education and other critical programs that help ensure our nation’s students are ready to succeed in tomorrow’s economy, the National Association for College Admission Counseling (NACAC), said today.
Overall, the president’s budget cuts funding for the Department of Education by 12 percent, a reduction of $8.5 billion, and abolishes several critical programs that help make college more affordable. The president’s 2020 budget proposal would:
- Eliminate subsidized student loans for higher education, further reducing the federal government’s commitment to equity and access.
- Effectively eliminate GEAR UP, a grant program designed to increase the number of low-income students prepared to enter and succeed in postsecondary education.
- Eliminate Federal Supplemental Educational Opportunity Grants (SEOG), which help low-income undergraduate students finance the costs of postsecondary education.
- Eliminate Student Support and Enrichment (ESSA Title IV, Part A) grants, which provide funds for states to support school counseling and college access programs.
- Reduce the Federal Work Study program, which offers low-income students opportunities to work while enrolled in higher education, by more than $500 million.
- Eliminate the Public Service Loan Forgiveness program (PSLF), which provides debt relief for school counselors, college admission professionals, and others who work for nonprofit or government organizations.
- Cut $129 billion from income-driven repayment programs (IDR), which allow borrowers to make student loan payments as a percent of their overall earnings
- Cut funding for the State Department, which includes efforts to promote U.S. higher education opportunities to students in other countries, by 23 percent ($12.3 billion)
“Our nation’s students are dramatically shortchanged in this proposal,” said Joyce E. Smith, CEO of the association. “NACAC calls on Congress to reject this spending blueprint and adequately invest in our students.”
The National Association for College Admission Counseling (NACAC), founded in 1937, is an organization of more than 15,000 professionals from around the world dedicated to serving students as they make choices about pursuing postsecondary education. NACAC is committed to maintaining high standards that foster ethical and social responsibility among those involved in the transition process, as outlined in the association's Code of Ethics and Professional Practices.
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