Congress’s free community college plan could benefit 8 million students, with the right funding formula
From The Century Foundation: “The Century Foundation developed a cost model of America’s College Promise based on the House Committee on Education and Labor’s bill text as well as inferences about which aspects of the policy design could be modified to manage costs, incentivize state participation, or improve distributional equity. In this model, 1,029 institutions in fifty states and seven territories would qualify as either community colleges or tribal colleges, for a total of 8 million eligible students on a headcount basis. Under this model, federal allocations would total $83 billion over the first five years of ACP.”
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