Pell Grants
Pell Grants at 50: Loss of buying power has Congress rethinking ways of paying for college
President Joe Biden's budget proposal to double Pell Grants by 2029 would help low-income families afford college but rising inflation and calls to cut spending make that goal difficult to achieve.
Ledyard KingUSA TODAY
April 3, 2022Updated April 4, 2022, 6:08 p.m. ET
WASHINGTON – Congress just approved the largest increase for Pell Grants in a decade to help needy students pay for college.
And it didn't even keep up with inflation.