Saturday, September 18, 2021

Higher Ed Spending Not as Big as Hoped - Alexis Gravely, Inside Higher Ed

The primary difference between the initiatives Biden proposed and what congressional Democrats included is the level of investment -- with a $3.5 trillion limit on the overall package and other committees jockeying to fund their priorities, the amount of funding appropriated for individual programs often doesn’t match the president’s initial goals. For example, the legislation includes a $500 increase to the maximum Pell Grant for the 2022-23 award year -- and a staggered boost of $500 for subsequent award years until 2030 -- while Biden initially proposed a $1,400 increase.

https://www.insidehighered.com/news/2021/09/09/biden%E2%80%99s-higher-ed-proposals-begin-take-shape-congress