August 31, 2015 by I Am Not A Loan
Since Hechinger Report released its analysis on the graduation rates of Pell Grant recipients, some people have called the effectiveness of the Pell Grant program into question. Lost in those arguments, though, are three crucial points about the program:
- Since 1972, Pell has been a student voucher designed to improve postsecondary access. President Richard Nixon acknowledged that Pell was designed to provide access so that low-income students could afford postsecondary education. Today, Pell Grants serve nearly 9 million students, most from families with incomes less than $40,000. Nearly half of all Hispanic undergraduate students and more than 60 percent of African American students receive Pell grants.
Read the entire post on Ed Trust's blog, The Equity Line.