Once it's gone, it will be gone and future students will be the ones that are hurt.
There's a lot of angst with the president proposing to eliminate the program.
The Perkins program is one of the most efficient ways to use federal resources -- schools partly match federal capital, and all the money is recycled into loans for future generations. Students need Perkins more than ever.
To take that money back to Washington would remove the money from the system and there's no replacement.
