Higher Ed. Budget Cut Opposition Co-Sponsors: Date Introduced: 3/30/15 Date of Voting: 3/30/15 Prime Sponsor: Kelly Final Vote: Resolution Yea President’s Signature Nay Sens Present Abstain VP Senate Affairs Signature Whereas, approximately 22% of Ithaca College students receive Federal Grant Aid every year; and Whereas, students receiving Federal Grant Aid at Ithaca College receive an average amount of approximately $5,427; and Whereas, approximately 73% of incoming Ithaca College students take out student loans to help pay for there first-year college costs, averaging $5,911; and Whereas, 88% of all Pell Grant recipients who graduate from four-year colleges already carry student loans and owe on average $4,750 more than their higher income peers; and Whereas, Public Service Loan Forgiveness and Pay As You Earn help college graduates better economically survive and thrive in the United States; and Whereas, college students across the United States already face crippling interest rates on their student loans; and Whereas, the Ithaca College student body overwhelmingly believes that a more educated populace is beneficial to society and democracy at large; and Whereas, the Ithaca College student body overwhelmingly believes that the Federal Government should help make it more affordable for citizens to be educated at American colleges and universities; and Whereas, students at Ithaca College and their families would face greater financial hardships if $150 Billion were to be cut from higher education financing by the federal government; it is therefore Resolved, that the Ithaca College Student Government Association formally denounces the massive cuts made to higher education in the proposed Fiscal Year 2016 Budget, and urges all members of Congress to vote against cuts to higher education funding, and to support measures that will make it more affordable for citizens to attend American colleges and universities.