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Pell grants force the spending to be allocated to universities. Leaving aside how laughably wastefully the universities spend that money, disconnecting the bor
by maehwasu 7y ago
Pell grants force the spending to be allocated to universities.
Leaving aside how laughably wastefully the universities spend that money, disconnecting the borrower from the spender of funds is a massive anti-pattern.
Awareness of and discretion over spending is an extraordinary effective forcing function.
- dahart 7y agoPell grants go directly to students, so what do you mean about the universities spending it wastefully? Pell grants are for education, it makes at least some sense they go universities. I’m not sure if you’re implying they should go to 2 year or vocational schools? Private, for-profit non-university schools are a large problem in the U.S. in that they have much lower financial returns for the students who attend them, and much lower quality educations. There’s an entertaining piece by John Oliver about this, among other sources.