February 19, 2009
Economic-Stimulus Law Creates Jobs for Students, Too
The $200-million for Federal Work-Study in the economic-stimulus law that President Obama signed this week is expected to help an additional 130,000 students, each earning an average of $1,500 a year, according to government estimates. The money, despite rumors to the contrary, will not be pegged to a new community-service requirement.
Rather, an Education Department official said, the money "will be distributed to colleges by April 1 based on existing formulas and information