No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, September 13, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home College

Trump’s FY26 budget plan slashes Education Department programs

by TheAdviserMagazine
4 months ago
in College
Reading Time: 6 mins read
A A
Trump’s FY26 budget plan slashes Education Department programs
Share on FacebookShare on TwitterShare on LInkedIn


Listen to the article
6 min

This audio is auto-generated. Please let us know if you have feedback.

President Donald Trump on Friday proposed wide-ranging cuts to federal higher education spending in his fiscal 2026 budget request, calling to eliminate some grant programs altogether and for states to take over others like Federal Work-Study. 

The budget request offers a broad look at Trump’s priorities, which include shaving 15.3% off the U.S. Department of Education’s budget, a move in line with his broader plan to shutter the agency. Across the federal government, Trump’s request would eliminate some $163 billion in nondefense domestic spending, including the dramatic cuts to education programs.

U.S. Education Secretary Linda McMahon said in a statement Friday that the budget reflects “funding levels for an agency that is responsibly winding down, shifting some responsibilities to the states, and thoughtfully preparing a plan to delegate other critical functions to more appropriate entities.” 

Presidential budget proposals are akin to executive wishlists and are never enacted as introduced. And Trump’s budget request for the 2026 fiscal year, which begins Oct. 1, faces key obstacles before it could be approved. Even though Republicans control both the House and Senate, at least one GOP lawmaker has already objected to some of Trump’s proposed cuts.

But other party leaders signaled a willingness to embrace Trump’s proposals. 

“The American people sent Republicans to Washington to lower costs and rein in wasteful government spending,” Tim Walberg, chair of the House Committee on Education and Workforce, said in a Friday statement. “The budget proposal President Trump released today not only gives us a blueprint but shows us it is possible to deliver on this promise.” 

Student aid takes a blow

The budget takes aim at Federal Work-Study, which provides part-time jobs to students who need help paying for college. Under the program, the federal government covers up to 75% of students’ wages. 

Trump’s proposal calls for a $980 million reduction in funding for the program, which was appropriated $1.2 billion in fiscal year 2024. 

In his budget plan, the president called for Federal Work-Study to be run by the states and the colleges “that financially benefit from it.” 

“Reform of this poorly targeted program should redistribute remaining funding to institutions that serve the most low-income students and provide a wage subsidy to gain career-oriented opportunities to improve long-term employment outcomes of students,” it says. 

Trump’s proposal would also eliminate funding for Supplemental Educational Opportunity Grants, which assist undergraduate students who have “exceptional financial need.” The program was allocated $910 million in fiscal 2024 — all of which would be cut under Trump’s budget. 

The budget document accuses the grants of contributing “to rising college costs” that colleges have used to pay for a “radical leftist ideology.” Colleges that receive these grants pass the money onto students, and the institutions must contribute 25% of their own money for those awards. 

Two other programs are on the chopping block: TRIO, which provides support for middle school through college students from disadvantaged backgrounds, and Gear Up, which helps low-income students prepare for postsecondary education. Trump’s budget called these programs a “relic of the past when financial incentives were needed to motivate” colleges to increase access to low-income students. 

“Today, the pendulum has swung and access to college is not the obstacle it was for students of limited means,” the budget document claims, saying higher education institutions should use their own resources to recruit students. 

Together, the programs received nearly $1.6 billion in fiscal 2024, all of which would be cut under Trump’s plan. 

The budget documents released Friday did not address funding for Pell Grants, the largest student aid program.

Department services and college grants also targeted

The proposal would also cut $49 million from the Education Department’s Office for Civil Rights, a 35% reduction from fiscal 2024 levels, according to the budget. The agency recently cut OCR’s workforce in half as part of mass layoffs. 

In his budget plan, Trump accused colleges of misusing the Fund for the Improvement of Postsecondary Education, which awards grants for projects aimed at improving postsecondary educational opportunities. The budget claims they used the program to “fund ideologies instead of students.” 

Trump proposed cutting $195 million from FIPSE and said colleges and states should be responsible for funding innovative programs themselves. 

He also proposed sending responsibility for the Strengthening Institutions initiative to states and colleges. Under this program, the Education Department provides grants to help colleges expand their ability to serve low-income students, bolster their academic quality and become more financially stable, according to the agency’s website. 

The program was allocated $112 million in fiscal 2024 — and Trump’s plan calls for zeroing that amount out. 

The budget would also slash $64 million from Howard University, the only historically Black institution in the country that is federally chartered. The Trump administration said the move would bring the university’s funding back to 2021 levels and “more sustainably support” the institution.



Source link

Tags: budgetDepartmenteducationFY26planprogramsSlashesTrumps
ShareTweetShare
Previous Post

In Wall Street’s epic comeback, unsolved market mysteries abound

Next Post

Recession or Rally? Why Are Markets Rising Despite Trump’s Tariffs?

Related Posts

edit post
North Carolina A&T Achieves Record Enrollment with Historic 15,000+ Students

North Carolina A&T Achieves Record Enrollment with Historic 15,000+ Students

by TheAdviserMagazine
September 12, 2025
0

The numbers are in. North Carolina Agricultural and Technical State University has shattered enrollment records this fall with 15,275 students—a...

edit post
Spotlight on… South East Technological University

Spotlight on… South East Technological University

by TheAdviserMagazine
September 12, 2025
0

Tell us about your university and its role within Ireland’s higher education landscape.South East Technological University (SETU) is Ireland’s newest...

edit post
Federal judge declines to restore B in grants cut by NSF

Federal judge declines to restore $1B in grants cut by NSF

by TheAdviserMagazine
September 11, 2025
0

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief:...

edit post
The Impact of Campus Recreation on Student Success – Higher Ed Careers

The Impact of Campus Recreation on Student Success – Higher Ed Careers

by TheAdviserMagazine
September 11, 2025
0

Columbus State University Rec Building What role does campus recreation play in advancing student well-being and leadership? In this month's...

edit post
Diverse: Issues In Higher Education

Diverse: Issues In Higher Education

by TheAdviserMagazine
September 10, 2025
0

Dr. Melanie BloodMelanie Blood has been appointed as SUNY Geneseo’s inaugural dean for workforce development and associate provost for curriculum....

edit post
Equity report calls for overhaul of Australia’s higher education system

Equity report calls for overhaul of Australia’s higher education system

by TheAdviserMagazine
September 10, 2025
0

Launched as part of ACSES’ Australian Student Equity Symposium in Sydney, Equity Insights 2025: Policy, Power, and Practice for a Fairer...

Next Post
edit post
Recession or Rally? Why Are Markets Rising Despite Trump’s Tariffs?

Recession or Rally? Why Are Markets Rising Despite Trump’s Tariffs?

edit post
The Cheapest U.S. Cities for a July 4th Getaway in 2025

The Cheapest U.S. Cities for a July 4th Getaway in 2025

  • Trending
  • Comments
  • Latest
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Trending stocks this week as inflation data further fuels rate cut hopes

Trending stocks this week as inflation data further fuels rate cut hopes

0
edit post
North Carolina A&T Achieves Record Enrollment with Historic 15,000+ Students

North Carolina A&T Achieves Record Enrollment with Historic 15,000+ Students

0
edit post
Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

0
edit post
Coinbase Files Legal Motion Against SEC Over Lost Texts From Ex-Chair Gary Gensler

Coinbase Files Legal Motion Against SEC Over Lost Texts From Ex-Chair Gary Gensler

0
edit post
10 Insurance Deductible Tweaks That Cut Premiums Without More Risk

10 Insurance Deductible Tweaks That Cut Premiums Without More Risk

0
edit post
Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

0
edit post
Trending stocks this week as inflation data further fuels rate cut hopes

Trending stocks this week as inflation data further fuels rate cut hopes

September 13, 2025
edit post
10 Insurance Deductible Tweaks That Cut Premiums Without More Risk

10 Insurance Deductible Tweaks That Cut Premiums Without More Risk

September 13, 2025
edit post
Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

September 13, 2025
edit post
Bitcoin and Ethereum ETFs roar back adding nearly bn last week

Bitcoin and Ethereum ETFs roar back adding nearly $3bn last week

September 13, 2025
edit post
Tariffs face legal threat that puts Trump’s deficit plan at risk

Tariffs face legal threat that puts Trump’s deficit plan at risk

September 13, 2025
edit post
*HOT* FREE  purchase at Nike after cash back!!

*HOT* FREE $35 purchase at Nike after cash back!!

September 13, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Trending stocks this week as inflation data further fuels rate cut hopes
  • 10 Insurance Deductible Tweaks That Cut Premiums Without More Risk
  • Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.