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There's a secondary source of government funding beyond earmarked grants to universities: the tuition assistance it offers to students, which then goes straight
by mazelife 12y ago
There's a secondary source of government funding beyond earmarked grants to universities: the tuition assistance it offers to students, which then goes straight into the pocket of the school. Consider pell grant spending, which has grown about 8x since it was established in 1975: https://www.americanprogress.org/issues/labor/news/2011/07/22/9945/address-the-root-causes-of-pell-grant-costs-before-cutting-it/ https://www.americanprogress.org/issues/labor/news/2011/07/2...
Even if we factor in the number of students receiving the loans (which has grown), the average amount awarded to students roughly doubled since 1994.