President George W. Bush is scheduled to sign H.R. 2669, the College Cost Reduction and Access Act, on Thursday, September 27, 2007. The Hispanic Association of Colleges and Universities (HACU) and its more than 450 member colleges and universities, including most of the nation's 270 Hispanic-Serving Institutions (HSIs), applaud the President for signing this landmark legislation.
Today Antonio Flores, President and CEO of HACU, underscored the need to increase the representation of Latinos in STEM (science, technology, engineering, and mathematics) areas. "Not only does this legislation provide long-needed increases in the Pell Grant program, but it also makes historic investments in science education and opens the doors of opportunity to many Latino and minority students who can contribute to our nation's current and future scientific and technological innovation and advancement," said Flores.
H.R. 2669 will:
The nation's 270 Hispanic-Serving Institutions (both 2- and 4-year institutions) enroll half of all Latinos attending college today. About 37 percent of Hispanic students nationally receive Pell Grants each year. About 25 percent of Hispanic students take out need-based student loans each year.
HACU recognizes Rep. George Miller, Senator Edward Kennedy, the House Education and Labor Committee, and the Senate Health, Education, Labor, and Pensions Committee for their exemplary leadership on this legislation.
HACU particularly thanks Rep. Rubén Hinojosa and other distinguished members of the Congressional Hispanic Caucus, the Congressional Black Caucus, and the Congressional Pacific American Caucus for championing the cause of minority and low-income students.
HACU urges its membership to contact the White House, and their Representatives and Senators to thank them for their bold leadership in increasing federal resources to HSIs to ensure Hispanic success in higher education.
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HACU Member Advisories are a service of the Hispanic Association of Colleges and Universities.