Higher education leaders want lawmakers and the next governor to provide tens of millions of dollars more for need-based financial aid, saying the investment is desperately needed despite a looming budget shortfall.
The University of Wisconsin System and the Wisconsin Technical College System want funding increases to fill gaps that have left thousands of eligible low-income students without grants, according to budget documents. Private school leaders want modest increases for a separate program for their students.
Calling the Wisconsin Higher Education Grant program "woefully underfunded," technical college leaders are asking for a $23.4 million increase over the two-year budget to provide more grants.And it's not surprising that the UW System is looking through the telescope---backwards.
In reality, the UW System is woefully OVERFUNDED...a condition brought about by--you guessed it--too many grant-and-loan dollars chasing "education."