Friday, June 12, 2015

Impact of Pell Surge

Inside Higher Ed
June 12th, 2015

Federal spending has surpassed state spending as the main source of public funding in higher education, and the primary reason is a surge in Pell Grants in the last decade.
Federal and state funds have different missions. The majority of state funding is used to fund specific public institutions, whereas federal funding is generally awarded through student aid and research grants. State funding goes primarily to public institutions, while federal funding goes to students at public, private and for-profit colleges, and to researchers at public and private universities.
Historically, state funding has been heftier than federal funding. In the 25 years leading up to 2012, states spent 65 percent more on higher education than the federal government.

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