For busy students, it can be hard to stay up on all the latest news. The major passage of the health care bill this past Sunday though is hard to miss. However, in the midst of a 2,400 page bill and many differing opinions on all sides, it can be difficult to boil down how this bill will affect students.
Thankfully, Indiana University has a wonderful student newspaper, the Indiana Daily Student (IDS), which has done the work for us (also free and available throughout the city). The IDS is your one stop shop for world and national news, state and community updates, the latest Hoosier sports, and all you need to plan a relaxing or event-filled weekend. It even helps boil down major policy changes to the important information for students. Some of these highlights include:
- Students (or other young people) can stay on their parent’s insurance until the age of 26
- Insurance companies can no longer discriminate based on pre-existing conditions
- Beginning in 2014, student loan borrowers can cap payments at no more than 10% of their monthly income. The current cap is 15%.
- Increases the maximum Pell Grant award from $5,550 in 2010 to $5,975 by 2017
- Sets aside more than $4 billion to historically black colleges and community colleges
While there are many facets to this bill, it is wonderful that our student paper can help highlight what is most relevant to its readership. IU goes even one step further and offers students free print copies of The New York Times, USA Today, and The Wall Street Journal. All these resources are yet another wonderful asset that the SPEA student has in their toolbox.
A helpful chart with some more details of the bill are below. Please check out www.idsnews.com for all the latest updates on health care reform and its impact on you!