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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
Lauren Victoria Burke is a writer, strategist and political analyst. She created Crewof42.com, a blog that covers the work of Black members of Congress, in 2009. She is a former Senate and House staffer and has had a very diverse career in politics and media. Ms. Burke appears regularly on NewsOneNow with Roland Martin on TVOne and has been seen on MSNBC. She holds a B.A. in History from The American University. E-mail anytime: LBurke007@gmail.com. Twitter: @Crewof42. Instagram: LVB325. The ideas and opinions expressed in this article are solely those of the author, and have complete editorial independence from any Politic365 partners, sponsors, or advertisers. For additional information about Politic365, please visit http://politic365.com/about/.




 
 

 
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