Schwarzenegger May Terminate Student Aid Program

How could things get worse in California, where voter rejection of a series of budget measures Tuesday has left public higher education planning for deep budget cuts? Gov. Arnold Schwarzenegger, a Republican, could go after the state's student aid program -- and the Los Angeles Times reported that is a serious possibility. According to the newspaper, the governor is considering a plan to eliminate new CalGrants. Over a year, 77,000 new grants would be awarded, at a total cost of $180 million. As students currently on CalGrants graduate, the program could be phased out, with even larger savings.