College News

Should College Students Be Worried About The Government Shutdown?

There has been a lot of discussion about the current government shutdown taking place in the United States.

As a college student, I didn’t know what a government shutdown was or the impact that it had on my financial aid.

You might not know what a government shutdown is so let me explain before I tell you about the potential impact that it has on your financial aid status.

A government shutdown takes place when “non-essential offices” close due to the lack of approval of the federal budget for the upcoming year.

All this means is the Congress and the president can’t come to a decision about the budget.

The disagreement between Congress and President Trump is about the budget for the wall Trump wants to build on the border of Mexico and U.S. Trump wants 5.7 billion to build the wall, but Congress has only has agreed on 1.6 billion.

During a government shutdown, nonessential offices close. This will mean thousands of government employees going on furlough (employees being laid-off until the shutdown is over).

The breaking news “Thousands of furloughed workers were told to go back to work without pay” was headline on many news outlets this morning.

Below I have listed the 8 agencies that have been furloughed:

  • Education
  • Commerce
  • Agriculture
  • Homeland security
  • Justice
  • Housing and Urban Development
  • Treasury
  • Congress

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How does this impact college students?

The government shutdown which began Saturday, December 22nd, 2018 has been the longest in history.

College students shouldn’t be worried just yet. The U.S Department of Education is already fully funded for this year (2018-2019).

Even with the shutdown, the federal student aid office will remain open. This means that your FAFSA won’t be impacted this year.

RELATED: Why College Is The Best Time To Start Your First Business

Update on the shutdown

We are currently on the 27th day of the shutdown and as things heat up in the white house, there is no end in sight.

If the government shutdown continues for the next few weeks, it can greatly impact our economy.

This yesterday President Trump tweeted:

https://twitter.com/realDonaldTrump/status/1085515276228153345

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