Despite $400 boost, Pell Grants fall far short of original goal to make college more affordable for low- and middle-income students
Back around when the Pell Grant was created by Congress in 1973 to help students from low-income families pay for higher education, it covered 80% of the costs of attending a public four-year college or university. And it covered over 40% of the costs of going to a private one. Today, thanks to increases in tuition costs and Pell Grants not […]… Learn more.