California: Governor Considers Terminating CalGrants (Los Angeles Times)
"With deficit forecasts growing darker by the day, Gov. Arnold Schwarzenegger is considering a plan to slash California's safety net for the poor by eliminating the state's main welfare program, health insurance for low-income families and cash grants to college students," Los Angeles Times reports. "Potentially on the chopping block is CalGrants, a financial assistance program that offers cash grants to lower- and middle-income college students each year. The governor's proposal would eliminate the 77,000 new grants awarded each year at a cost of $180 million, but that saving would eventually grow to more than $900 million as students graduated and the program was phased out."
You can read the complete May 22, 2009 Los Angeles Times article on-line.
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