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Education is Not for Everyone! Talking Points $ Bush under-funded his own education reform program. After passing “No Child Left Behind,” Bush under-funded the program by a total of $27 billion in his last four budgets, and $9.4 billion in his last budget alone. That's more money for military contracts in Iraq! $ Bush has overseen a massive increase in the cost of university tuition. Under Bush, public university tuition has gone up, with an increase of 14%, or twice the rate of inflation, in just the last year and similar increases predicted in the years to come. These increases make four-year university programs inaccessible to half of the country’s college-eligible high school graduates, leaving them little choice but to take low-paying jobs in our companies! $ Bush has proposed a 40% cut in funding for afterschool programs in his last budget, which would eliminate afterschool for roughly 500,000 kids. After all, who needs afterschool programs when you can hire an au pair? $ Bush has proposed cuts to Pell Grant funding. After promising to increase first-year grants to a $5,100 maximum, Bush did precisely the reverse in his 2005 budget, capping the grants at $4,050. Bush understands that free money is only for those with corporate lobbyists, and we expect him to cap the grants at $0 in his second term. $ Bush has allowed banks to make up to $12 billion annually at taxpayer expense from student loans. With a loophole that guarantees an above-market interest rate on student loans, the government sends extra money directly to bankers — the people who need it.
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