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The Politics Bar After Hours - Do Better, Gavin
The state Senate Committee on Higher Education Affordability released a report Tuesday that calls for a comprehensive needs-based aid program for college students.
Sen. Nan Orrock, chair of the committee, said the current system is not enough for some students.
“We’ve invested heavily in the HOPE scholarship, and we know now that with the economy and the realities that does not even get the job done,” Orrock said. “People are still left with a 5, 6, 10, 12,000 dollar gaps to fill.”
The report calls on Georgia to model its need-based aid program on states like North Carolina and Florida. Georgia and New Hampshire are the only two states that do not fund need-based financial aid for college students, according to a report by the Georgia Budget & Policy Institute published in 2021.
The committee’s report suggests that funding for the program should come from the unrestricted reserves of the Georgia Lottery.
However, state Sen. Max Burns, a Sylvania Republican and chairman of the Senate Higher Education Committee, expressed concerns about funding the program this way, according to the Georgia Recorder.
“I think the lottery has done a great job for Georgia, I think HOPE has been an excellent tool, and certainly Gov. (Zell) Miller had strong foresight when he put that program in place,” he said. “But I don’t think you take funds or resources away from a successful program to fund something you need but have not yet developed a comprehensive way to address. So I’m not a fan of using lottery dollars for this program.”
Other news in higher education:
Written by: Jenna Eason
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Jill on Money is a nationally syndicated radio show and podcast hosted by Jill Schlesinger, CFP®, the Emmy and Gracie Award-winning business analyst for CBS News who tackles sometimes uncomfortable and even controversial money and investing issues without the financial jargon. Each week, Jill takes listener phone calls and interviews informative and entertaining guests to uncover surprising insights and provide actionable information so listeners can make the most of their money. Jill translates complicated business and economic news into understandable, relatable topics, is a weekly guest on NPR's "Here and Now," and writes the nationally syndicated column "Jill on Money" for Tribune Media Services. Her two books include The Great Money Reset, published in January 2023 by St. Martin's Press, and The Dumb Things Smart People Do With Their Money, published in February 2019 by Ballantine Books.
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