Pell Grants at 50: loss of buying power has Congress rethinking ways of paying for college
President Joe Biden’s budget proposal to double Pell Grants by 2029 would help low-income families afford college but rising inflation and calls to cut spending make that goal difficult to achieve.The Pell Grant program, which helps low-income students afford college, turns 50 this year.The program has helped millions attend college but its buying power has…Continue Reading