Earlier today, the Senate Appropriations Committee marked up and reported the FY2019 Labor-H Appropriations bill out of committee by a 30-1 vote. This legislation abandons cuts to several vital programs for young people that were included in the House bill, preserving many essential investments. The Senate bill also increases the annual Pell Grant by $100 dollars, but it does so by rescinding $600 million from the Pell reserve fund.
- CCAMPIS which helps student-parents succeed on campus
- ACA Navigator funding which helps young people understand their enrollment options and enroll in a plan that fits their needs
- Public Service Loan Forgiveness which gives public servants and non-profit workers a path out of student debt
- Federal Work Study which gives students the opportunity to learn on-the-job skills while earning wages to help cover the cost of college.
However, rescinding $600 million from the Pell reserve fund will contribute eroding the long-term financial stability of the program, increasing the risk that future economic recessions and expanded enrollment will result in damaging cuts. Young Invincibles will continue fighting this rescission and advocate for increased funding for Pell and other student aid programs to ensure that every young person can afford a quality education.