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National

9:40pm September 10, 2013

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

FAMU1

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. 



About the Author

Lauren Victoria Burke
Lauren Victoria Burke
On Capitol Hill everyday when Congress is in session. Managing Editor of Politic365 and publishes the blog Crewof42 on Black members of Congress. She can be seen/heard on NewsOneNow with Roland Martin, WHUR, WPFW, SIRIUS XM, WURD, WVON and WCHB. Ms. Burke has enjoyed employment with USAToday and ABC News and holds a B.A. in History from The American University. Contact: LBurke007@gmail.com. Twitter: @Crewof42




 
 

 
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