Why doubling the Pell Grant should be back on the table
From The Hill: “But Pell Grants have failed to keep pace with cost increases. Around the time Sen. Pell’s colleagues honored him, the grants covered half the cost of college on average; Pells now cover fewer than 30 cents on the dollar. This shortfall leaves many students’ funds well short of the cost of attendance; loans are the logical next step, introducing the concept of ‘crushing student debt.’ … Indeed, Pell recipients graduate with about $4,500 more federal student debt than non-Pell graduates. But without Pell grants altogether, most of these students would not have access to a college education at all.”View the full article from The Hill.
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