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DC Public and Public Charter Schools
Reply to "DC council thinking about giving every student $100k for college "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No, the policy is designed to level the playing field for lower income folks to be able to pay for college easier.[/quote] How much is the D.C. Promise worth? The D.C. Promise will cover the costs of tuition and fees after other sources of financial aid have been exhausted. The maximum amount of the grant will depend on the student’s household income and the length of time they were enrolled in a District public school. Students who were continuously enrolled between grades 6 and 12 and who are from households with incomes below 200 percent of the federal poverty level (FPL) will be eligible for the largest awards. Students who were enrolled continuously between grades 9 and 12 will be eligible for a reduced amount. There are tables on the website that lists the grant for income levels. For a family of 3 making $150-250K, the max grant would be $5K per year (max $25K for 5 years). Also, it doesn't look like TAG will be replaced per Catania's website and reading the bill. Even if the income cap was removed, TAG is a better deal for higher income families (assuming they are considering public universities). [/quote] If the incentive is to keep middle and upper middle income parents in the city ho are concerned about the difference to attend public universities, the incentive fails. If the incentive is to help lower income and lower middle income attend public universities it works. Upper upper middle and wealthy don't care. I don't care what you people say, 250k in DC is not wealthy, especially if you have to provide for your own retirement. financial aid does not exist for these kids. Schools, from middle school to college, is one of the primary reasons the district parents suck it up and move to the soulless suburbs. This legislation does little to stem that tide. [/quote]
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