FACT CHECK: Romney Would Slash Investments in K-12, Make Deep Cuts To Pell Grants

Mitt Romney just said he doesn’t want to cut education, but his plan would slash investments in K-12 education and make deep cuts to Pell Grants. If applied across the board, the Romney-Ryan budget could eliminate 65,000 educator jobs and cut Pell Grants by $1,000 for 10 million students.

ROMNEY WANTS TO CUT BACK ON TEACHERS SAYING THE PRESIDENT’S PLAN TO KEEP THEM “IS NOT AN EFFECTIVE WAY TO GET THE ECONOMY GOING”

Romney: President Obama “Says We Need More Firemen, More Policemen, More Teachers” But “It’s Time For Us To Cut Back On Government And Help The American People.” ROMNEY: “[President Obama] wants to hire more government workers. He says we need more firemen, more policemen, more teachers. Did he not get the message in Wisconsin? The American people did. It’s time for us to cut back on government and help the American people." [Romney Campaign Rally, Council Bluffs, IA, 6/8/12]

Romney: “I Was Not Pleased With What I Read About A Plan To Save 240,000 Teachers.” [Romney Fundraiser, Denver Colorado, 9/9/11 (Video)]

Romney Said “Guaranteeing The Government Will Keep Its Fire, Police And Teachers Intact … Is Not An Effective Way To Get The Economy Going.” From the Quad-City Times editorial board’s story on Romney’s meeting with them: “He condemns the Obama ‘idea of simply sending out checks to people or guaranteeing the government will keep its fire, police and teachers intact. That is not an effective way to get the economy going.’” [Editorial, Quad-City Times, 12/29/11]

THE ROMNEY-RYAN BUDGET COULD ELIMINATE FUNDING FOR 65,000 EDUCATORS

The Romney-Ryan Budget Could Eliminate Funding for 65,000 Educators And Could Result in 200,000 Low-Income Children Losing Access To Early Childhood Education Programs.  "The President's plan stands in stark contrast to the plans outlined by Congressional Republicans. Most notably, the House budget passed by Republicans in Congress this spring would cut the portion of the budget that includes basic funding for education - such as Title I education grants for schools serving low-income students and Individuals with Disabilities Education Act (IDEA) funding serving special needs children - by almost 20 percent in 2014. Distributed evenly across budget areas, the House Republican budget cuts to Title I would eliminate funding for 38,000 teachers and aides, and cuts to IDEA grants could eliminate support for a further 27,000 special education teachers, aides, and other staff serving children with disabilities. Funding for the preschool programs Early Head Start and Head Start would also be cut. The Congressional Republican plan could result in 200,000 low-income children losing access to these early education programs."  [White House, accessed 9/13/12]

THE ROMNEY-RYAN BUDGET COULD KICK 200,000 KIDS OFF OF HEAD START

If Cuts Were Applied Across The Board, The Ryan Budget Would Mean “Roughly Two Million Slots In Head Start Would Be Eliminated Over The Next Decade — Cutting 200,000 Children From The Program In 2014 Alone.” “Yesterday, House Republicans released their budget resolution for FY 2013… On top of the roughly $1 trillion in cuts in the Budget Control Act, it would be difficult to overstate the radicalism of the domestic cuts proposed by the House budget resolution. In 2013, it would cut annual non-defense funding by 5 percent. By 2014, the resolution would cut this funding by 19 percent in purely nominal terms… Roughly two million slots in Head Start would be eliminated over the next decade — cutting 200,000 children from the program in 2014 alone.” [Jeff Zients, Acting Director of the Office of Management and Budget, WH.gov, 3/21/12]

THE ROMNEY-RYAN PLAN COULD SLASH PELL GRANTS BY $1,000 FOR NEARLY 10 MILLION STUDENTS

If Cuts Were Applied Across The Board, The Ryan Budget Would Slash Education, Meaning “9.6 Million Students Would See Their Pell Grants Fall By More Than $1000 In 2014, And, Over The Next Decade, Over One Million Students Would Lose Support Altogether.” “Yesterday, House Republicans released their budget resolution for FY 2013… On top of the roughly $1 trillion in cuts in the Budget Control Act, it would be difficult to overstate the radicalism of the domestic cuts proposed by the House budget resolution. In 2013, it would cut annual non-defense funding by 5 percent. By 2014, the resolution would cut this funding by 19 percent in purely nominal terms… 9.6 million students would see their Pell Grants fall by more than $1000 in 2014, and, over the next decade, over one million students would lose support altogether.” [Jeff Zients, Acting Director of the Office of Management and Budget, WH.gov, 3/21/12]

PRESIDENT OBAMA DOUBLED FUNDING FOR PELL GRANTS AND HAS A PLAN TO MAKE COLLEGE MORE AFFORDABLE

President Obama Signed Legislation Stopping Interest Rates From Doubling For An Estimated 7.4 Million Students Expected To Get New Loans This Year. “It also keeps interest rates of 3.4 percent for subsidized Stafford loans for undergraduates. If Congress hadn't acted, the rate would have doubled beginning July 1 for an estimated 7.4 million students expected to get new loans this year, adding an extra $1,000 to the average cost of each loan.” [The Associated Press, 07/06/12]

Student Loan Reform Eliminated $68 Billion Paid To Banks Acting As Intermediaries To Invest In Pell Grants. “The new law will eliminate fees paid to private banks to act as intermediaries in providing loans to college students and use much of the nearly $68 billion in savings over 11 years to expand Pell grants and make it easier for students to repay outstanding loans after graduating. The law also invests $2 billion in community colleges over the next four years to provide education and career training programs to workers eligible for trade adjustment aid after dislocation in their industries.” [New York Times, 3/30/10]

President Obama Doubled Funding For Pell Grants, Raising The Maximum Award And Increasing The Number Of Recipients To Nearly 10 Million Students. “Thanks in part to these new investments, President Obama has roughly doubled funding for the need-based Pell Grant program, raising the maximum award from $4,731 in fiscal year 2008 to an estimated $5,635 for fiscal year 2013 and increasing the number of recipients by approximately 50 percent to nearly 10 million students.” [Department of Education Budget Summary, Accessed 04/15/12]

President Obama: “Help Us Work With Colleges And Universities To Cut In Half The Growth Of Tuition Costs Over The Next Ten Years.” “Help us work with colleges and universities to cut in half the growth of tuition costs over the next ten years. We can meet that goal together.” [President Obama’s Remarks At The Democratic National Convention, 09/07/12]