SPIN METER: College aid bill may fall short

Source: Yahoo News Posted By: Aidan P...5354 days ago

President Barack Obama says a bill in Congress would help him send millions more Americans to college. But the measure may fall short of Obama's goal.

The bill would boost Pell Grants for needy students. But it does nothing to curb college costs, which rise much faster than Pell Grants do.

And it spends precious federal dollars on things that don't help pay for college, such as construction at K-12 schools and new preschool programs. Lawmakers have an estimated $87 billion to spend on the legislation,....

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