Parent PLUS: Steep Drop in Enrollment at Florida A&M

Parent PLUS: Steep Drop in Enrollment at Florida A&M

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Florida A&M University is dealing with a big drop in enrollment and a $6 million drop in tuition revenue for the second straight year.  The reason: The Obama Administration’s change in “credit worthiness” for Parent PLUS loans. 

FAMU’s interim President Larry Robinson, told first coast news that the change in credit standards, “sent shock waves through the HBCU community.  Many of us have students who are in lower economic brackets and their families have a much more difficult time with credit.”

|| RELATED: HBCU President on Parent PLUS Loan Crisis: “Worst Situation I’ve seen in 35 Years” || 

“The unofficial enrollment for the Fall 2013 semester is 10,786, down more than 1,250 from the previous year and about 2,500 fewer students than two years ago,” reported First Coast News today.

The Congressional Black Caucus and advocates for historically Black colleges and universities have been critical of the Obama Administration regarding Parent PLUS loans. 

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Lauren Victoria Burke
Twitter: @LVBurke / Lauren Victoria Burke is an independent journalist who analyses politics and justice reform. She created Crewof42.com, a blog that covers the work of African American members of Congress, in 2009. Ms. Burke has also been a staffer for the Senate Democratic Policy Committee and Director of Communications for Rep. Andre Carson (D-IN). She has had a very diverse career in politics and media and appears weekly on NewsOneNow with Roland Martin. She has also appeared on Hardball with Chris Matthews, Politics Nation with Al Sharpton and Up with Steve Kornacki on MSNBC. She is also a contributing writer for NBCNews.com and TheRoot.com Ms. Burke has also authored three books of photography including two on President Obama's 2008 campaign for the presidency and one with Marvel Comics creator Stan Lee. Ms. Burke was born in the Bronx, New York and grew up on Long Island. She holds a B.A. in History from The American University. E-mail: LBurke007@gmail.com. Instagram: LVB325.

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