Government

Can’t give higher education money away‼️

In March, the Con­gres­sional Bud­get Of­fice updated its Pell funding ex­pec­ta­tions, projecting a tempo­rary $7.8 bil­lion in sur­plus balances for the roughly $30 billion program because of lower-than-ex­pected pro­gram costs.

The gov­ernment hasn’t doled out as much money as anticipated be­cause col­lege enrollments have declined slightly and fewer stu­dents qual­ify for the aid as their fam­i­lies con­tinue to recover from the re­ces­sion, ac­cording to Robert Kelchen, an assistant pro­fessor of higher ed­u­cation at Se­ton Hall Uni­ver­sity.
Source: Wall Street Journal 6-3-16

Say what! Bernie, did you see this?

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