OCR Text |
Show Wednesday, March 1, 1995 The Daily Utah Chronidc 9 fiMD ihiiMhxiiiuM MM Hiii'llkliiitfi. gfifl fflMBK 530(M (Mliilt4. ItNitimiUlitlii 0X WifcHlliHlltii. IDO iBtiiciifimi viit.imui4ifni (DO WoTTpO subsidized loans from the government and two-thirreceive subsidies in the form of grants andor subsidized student loans (based on 1993-9- 4 loan summary reports of the Office of Financial Aid of the University of Utah). ds The 104th Congress is considering a withdrawal ofallfuture subsidies for education. What does a "yes" vote for subsidy removal mean? Congress is outlining a measure to cut education funding to reduce the federal budget. In a revision of Tide IV, there is a debate that students should pay their own interest while attending college. Possible cuts could mean insufficient support for students who would have to save for school costs while attending college. In the case of bachelor's degrees, is could require students who work part-tim- e in order to attend school part-timFor to work full-tifull-tifor a few years while delaying enrollment which would be inaccessible due to insufficient due full-tisome it may require working e. me me me income. In the case of higher degrees, nearly all students could have to save the full cost of the degree before enrolling (i.e., a mashave candidate could as ters to save much as $30,000 before enrolling or a doctoral candidate as much as $50,000 before enrolling). post-gradua- te 'Estimates approximated for a total cost based on cost of living plus cost of education wherein advanced program curricula does not allow time for outside work. How would this affect students while working toward a degree? Time demands and financial pressures would reduce performance in all life areas, meaning education , quality of life, and relationships. Grades would likely fall, reducing the number of degree recipients while increasing academic competition. Students would be less prepared while completing their degree. Haw would this affect our community, state and country? Graduates are less prepared to perform in their profession and less likely to do well. The local, regional, and national economies would suffer. The standing of the uNited States in international markets declines due to fewer and less productive graduates. More funds could be necessary in social systems to support resultant complications of a lower standard of living (e.g. alcoholism, depression, child and spousal abuse, divorce, crime, etc.). Total university enrollment would drop while tuition costs would have to increase perpetuating the effects of this legislation. post-gradua- xm a m jn te Mm siiis'iiij rami? hie in vmm |