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
- Children tossed, injured, from bounce house sent airborne by waterspout in Florida
- Wife, brother accused in man’s hatchet killing
- BP credited with gulf tourism boom
- Shuttered Tenn. cemetery opens for Memorial Day
- Ohio’s largest road project to cost 3 times its estimate
- Doctors, hospitals get more time to convert to electronic health records
- Woman ends protest from anchor chain in Wash. against drilling
- Rescuers find stranded woman in California desert, too late for husband
- Coal’s worst fears affirmed in analysis of Obama climate plan
- Iraqi troops lack ‘will to fight,’ Secretary of Defense Carter says