No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 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
5 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
3 False Claims About Making a Mid-Career Switch to Higher Ed

3 False Claims About Making a Mid-Career Switch to Higher Ed

by TheAdviserMagazine
October 6, 2025
0

eamesBot/Shutterstock If you're thinking about transitioning to a career in higher education and you've already spent a few decades in...

edit post
Chatbots in Higher Education: Benefits, Challenges, and Strategies to Prevent Misuse – Faculty Focus

Chatbots in Higher Education: Benefits, Challenges, and Strategies to Prevent Misuse – Faculty Focus

by TheAdviserMagazine
October 6, 2025
0

Artificial intelligence (AI) platforms, especially chatbots like ChatGPT and Gemini, are influencing many areas of higher education. Students and instructors...

edit post
Championing Teachers in High-Conflict Contexts

Championing Teachers in High-Conflict Contexts

by TheAdviserMagazine
October 5, 2025
0

Myssan Al Laysy StouhiFor Myssan Al Laysy Stouhi, the path to a Ph.D. has been anything but conventional. Born and...

edit post
Newsom vows to pull state funding from California colleges that sign Trump’s compact

Newsom vows to pull state funding from California colleges that sign Trump’s compact

by TheAdviserMagazine
October 3, 2025
0

Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief:...

edit post
Global demand for US master’s degrees plunges by 60%

Global demand for US master’s degrees plunges by 60%

by TheAdviserMagazine
October 3, 2025
0

The data, collected from January 6 to September 28, aligns closely with the start of Donald Trump’s second presidential term...

edit post
From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

by TheAdviserMagazine
October 3, 2025
0

Vitalii Vodolazskyi/Shutterstock The words "Office of Financial Aid" may appear functional in a school directory; however, to many students and...

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
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 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
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 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
‘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
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
What China Knows – Econlib

What China Knows – Econlib

0
edit post
Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

0
edit post
What Boomers Overlook When Comparing Long-Term Care Facilities

What Boomers Overlook When Comparing Long-Term Care Facilities

0
edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

0
edit post
Introducing Fortune’s first-ever Most Influential Women Asia ranking

Introducing Fortune’s first-ever Most Influential Women Asia ranking

0
edit post
Scientists Might Have Found 170,000 Years of “Free” Power

Scientists Might Have Found 170,000 Years of “Free” Power

0
edit post
Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

October 6, 2025
edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

October 6, 2025
edit post
Central banks keep buying yellow metal despite soaring price

Central banks keep buying yellow metal despite soaring price

October 6, 2025
edit post
Introducing Fortune’s first-ever Most Influential Women Asia ranking

Introducing Fortune’s first-ever Most Influential Women Asia ranking

October 6, 2025
edit post
How a 2020 dinner in Davos set the stage for a ‘MAGA’ World Cup

How a 2020 dinner in Davos set the stage for a ‘MAGA’ World Cup

October 6, 2025
edit post
How This Investor is Improving Their Hometown One Rehab at a Time

How This Investor is Improving Their Hometown One Rehab at a Time

October 6, 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

  • Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time
  • Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)
  • Central banks keep buying yellow metal despite soaring price
  • 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.