Opinion: Cuts to Pell Grants Will Only Worsen US Debt
The threat of default on the federal debt is right around the corner and deficit hawks in Congress warn that unless we get federal spending under control, future generations — our children and grandchildren — will pay an enormous price. While intentions may be just, there is a touch of irony in the effort to protect the future generation from debt. The U.S. House of Representatives has approved austerity measures that expose this same generation to potentially unsustainable debt right now through increased student loans. US Pirg's Rich Williams continues in this op-ed.
