Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality
Diverse: Issues in Higher Education
SEPTEMBER 19, 2024
Their research supports the creation of a wealth-based Pell Grant to supplement the traditional Pell Grant, which offers financial support to students from low-income backgrounds. The policy incorporates information already collected in the FAFSA form, which is used to distribute Pell Grants.
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