Black universities warn White House of 'devastating impact' of lending limits
WASHINGTON — The leaders of Morgan State, Bowie State, Howard and eight other historically black universities warned President Obama last month that new limits on federal lending to parents would produce a “devastating impact on student enrollment” in the coming school year.
Last week, Education Secretary Arne Duncan announced measures to help applicants who were rejected to secure parent loans through appeals. He pledged to open talks in the spring on possible revisions to lending regulations.
It is unclear whether those responses will suffice.
President David Wilson of Morgan State said the school expects to enroll as many as 300 fewer undergraduates in the fall than the school's target of 6,900, a drop he attributes largely to the parent loan issues.
Another educator who signed the letter to Obama said he was “totally unsatisfied” by the administration's response.
“At no point have they gone back to fix the initial problem,” said Carlton Brown, president of Clark Atlanta University.
Show commenting policy
TribLive commenting policy
- Boys in New York buried for hours in snow pile
- Sunlight reduces risk of nearsightedness in children, study suggests
- FBI uses journalists as bait for terrorists, escapee from Syrian group says
- Texan who targeted Mexican consulate in Austin killed in shootout with police
- Bombers to train over Plains
- Homeless woman’s stun gun spurs 2nd Amendment case
- Ferguson-related unrest disrupts Black Friday shopping in several cities
- Maine State Prison draws Black Friday shoppers
- Fissures begin to emerge among Dems
- With no indictment, chaos fills Ferguson streets
- Feds put brakes on green energy edict of renewable fuel standard