Over the past 20 years,
federal investment in higher
education has decreased
significantly. The maximum
Pell Grant award used to cover
over 60% of the average
tuition and fees. Today, the
average award covers just 33%
of those cost. Student loans,
both federal and private,
represent a much greater
percentage of a student'smore

Over the past 20 years,
federal investment in higher
education has decreased
significantly. The maximum
Pell Grant award used to cover
over 60% of the average
tuition and fees. Today, the
average award covers just 33%
of those cost. Student loans,
both federal and private,
represent a much greater
percentage of a student's
financial aid package. In the
past year alone, we have seen
the largest cuts in the
history of the student loan
program, totaling $12.7
billion and the average Pell
Grant award has decreased
approximately $120.

Category News & Politics

Tags USSA, Student, Debt